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Asia benzene/toluene spread plunges to more than two-year low of $1.50/mt

Asia benzene/toluene spread plunges to more than two-year low of $1.50/mt

The Asian benzene-toluene spread slid to a more than two-year low of $1.50/mt Monday, March 2, making it even more uneconomical for benzene producers to use toluene as feedstock. Other feedstocks for benzene production include naphtha. The last time the spread was lower than this level was on May 22, 2012, when it was assessed at minus $4.50/mt. Since then, the spread has ranged between $5.50/mt and $247.50/mt. It is not unusual for... >>

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    http://www.chemnet.com
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    http://www.chemnet.com
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