Asian ethylene hits ten-year high

Gibson, Jane
June 2006
ICIS Chemical Business;6/26/2006, Vol. 1 Issue 25, p48
Trade Publication
The article presents updates on various chemicals in Europe and Asia, as of June 26, 2006. Benzene spot prices in Europe started at $1030/tonne cif NWE, but later deals emerged at $1080 and $1085/tonne for June. The Asian market for xylene is strengthening, providing further support globally. European paraxylene demand is good and supply balanced with prices at $1180-1200/tonne. Orthoxylene pricing in Asia was pegged at the $1000-1100/tonne CFR China mark, and at $1040-1060/tonne in northeast Asia. INSET: Q3 PROPYLENE INCHES UP.


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