New From PetroChem Wire . . . .

NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

For more information, click here.

June global benzene contracts see mixed settlements

HOUSTON, May 31, 2017 (PCW) – Global benzene contract prices posted mixed results yet again as global values saw relatively minimal, yet similarly mixed, movements.

The US June benzene contract price saw its eighth consecutive split settlement of 270 cpg ($807/mt) and 271 cpg ($810/mt) DDP HTC, up 1 cpg ($3/mt) from May.

The Asia Contract Price for June settled at $775/mt (259 cpg), down $15/mt from May. Europe fell €17/mt at €737/mt ($828/mt or 277 cpg) CIF NWE.

During the month, global prices saw little change amid a generally balance supply/demand picture. Spot Asian values fell $3/mt, or 0.4%, during the month, while European prices rose $10/mt (1.2%). US spot values were virtually unchanged over the course of the month. Front-month Brent rose 32 cents/bbl, or 0.6%. --Samantha Hartke

To keep up-to-date with benzene markets, prices and operational news, sign up for a free trial to PetroChem Wire’s Daily Refinery Focus here.

Sign Up for RSS Feed  follow us in feedly