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US March benzene contract sees split settlement again
HOUSTON, February 29, 2016 (PCW) -– The US March benzene contract price saw yet another split settlement of $1.76/gal ($526/mt) and $1.78/gal ($532/mt), down 6-9 cpg from the similarly split February settlement of $1.84/gal ($550/mt) and $1.85/gal ($553/mt).
US spot benzene prices were lower in February, falling some 7 cpg during the month. During the same time, however, Brent crude rose 41 cents/bbl and WTI gained $1.16/bbl. -- Samantha Hartke