European aromatics players continue to struggle with the bullishness on benzene, sources said, with many unclear on what is driving the upward trend. While benzene prices have gradually moved up the week ended 19 April, with confirmed April business as high as $1,320/ tonne CIF (cost, insurance, freight) ARA (Amsterdam-Rotterdam-Antwerp) and offers reaching $1,350/ tonne, styrene values have eroded, with a deal done for April delivery on 18 April at $l,517.50/tonne FOB (free on board) Rotterdam.
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