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S&P Global: Aromatics market remains volatile

 Last Update: 2022-09-25
 Source: Internet
 Author: User

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Recently, S&P Global Commodity Insights released the aromatics market report

Strong demand for gasoline blending has boosted aromatics value chain prices in recent months, while supplies of aromatics from reformate and steam cracking have generally been weak, according to S&P Global

In addition, benzene market prices in all regions have now turned to the downside, and styrene continues to be bearish, with the global average price falling by $76/t in June

In toluene and xylenes, S&P Global said that in Europe, strong demand for toluene and mixed xylenes from gasoline blenders will not subside for at least the next few weeks

Also, according to industry sources, buying sentiment among Asian toluene disproportionation (TDP) and selective toluene disproportionation (STDP) users is more cautious

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