Markets are steady, but trade is thin

Brice, Andy
October 2006
ICIS Chemical Business;10/30/2006, Vol. 1 Issue 41, p40
Trade Publication
This article looks at the state of the commodity petrochemical market in 2006. In Asia and Europe, buying activity remains stilted for aromatics, while ethylene continues to endure the cracker turnaround season. Asian naphtha surged following crude's rally, but further increases may be capped by persistent supply glut concerns. Toluene remains wholly inactive in Europe. Spot prices are nationally assessed at $670-680/tonne. In Asia, toluene continued its descent as it tracked falling crude.


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