EVENING SNAPSHOT - Europe Markets Summary

Source: ICIS News

2018/08/10

LONDON (ICIS)--Europe evening snapshot Friday 10 August 2018.

Product Latest Previous Change
Brent October 72.86 72.07 0.79
WTI September 67.62 66.81 0.81
Naphtha 645.00 641.00 4.00
Benzene 847.50 847.50 0.00
Styrene 1,415.00 1,415.00 0.00

CRUDE: Up on Iran sanctions and weakening Venezuelan output.

NAPHTHA: Up slightly following crude.

BENZENE: Market very quiet, with no fresh bids. September remains in contango.

STYRENE: Trading was subdued after a week of reasonable activity for August; there were more offers than bids, with some business done on a P&C basis.

The snapshot is compared with the previous evening. Chemicals prices are the mid-point of a range in $/tonne.