European Benzene & Styrene: Liquidity
thin asbenzene contango remains■ Downstream outages limit
demand■ Styrene stocks remain longPrices remained steady in the European benzene market Nov. 16,
witha slight contango structure remaining from November into December.Spot
trading for the benzene market has been thin in the first halfof November, as
downstream outages for styrene and cyclohexaneproduction have limited
production run rates.A similar lack of liquidity was seen in the styrene
marketdownstream, with little trading heard from the market. Supply
levelsremained long, a trader said, though the market was one more supplyissue
away from this situation changing.The five-to-30 days forward loading laycan
for styrene wasassessed at $1,116.50/mt, down $1.50/mt on the day.European Styrene Daily Rationale









Styrene for loading five to 30 days forward at $1,116.50/mt FOB
ARA Nov. 16, down $1.50/mt from...