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10th January 2014

Ethyl Benzene (Europe)


Editor Truong Mellor, Truong.Mellor@icis.com
SPOT PRICES
Click for Price History

FOB NWE

Price Range

USD/TONNE

+20.00

1493.00-1568.00

-7.00

Four weeks ago

US CTS/LB

1457.00-1478.00

67.72-71.12

NOTE: for full details on the criteria ICIS pricing uses in making these price assessments visit www.icispricing.com and click
on methodology.

The range for European ethyl benzene (EB) narrowed this


week, with the low end supported by significant gains on
benzene spot pricing amid continued US bullishness and
improved domestic demand.

European benzene pricing remained firm throughout the week,


supported by strong US numbers, healthy downstream
restocking and some ongoing production problems across the
ARA region. Spot prices were at $1,380-1,400/tonne CIF ARA
on Friday afternoon, up $25-35/tonne from last weeks close.
Styrene

le

EB range narrows amid benzene gains

mp

Limited domestic availability kept European styrene sentiment


bullish this week, and the market is in contango ahead of the
Asian turnaround season later in the first quarter, which is
likely to keep US imports to a minimum. Spot prices were at
$1,720-1,730/tonne FOB Rotterdam on Friday, up $5/tonne
from the previous weeks close.
Ethylene
European ethylene supply and demand are well-balanced.
Crackers have ramped up, encouraged by better-thanexpected demand, but some production constraints remain in
place because of technical issues at a couple of sites. Spot
prices have firmed in line with the higher January contract
price settlement. Sources said a clearer picture with regard to
demand expectations through the rest of the month and into
February should emerge next week.

Sa

Benzene

FEEDSTOCK PRICES (CONTRACT)

Click for Price History

BENZENE

FOB NWE JAN

EUR/TONNE

Price Range

+37.00

994.00-994.00

+37.00

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a copyright violation. ICIS pricing will be using software to monitor unauthorised electronic redistribution of reports. Copyright 2014 Reed Business
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