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Aromatics

Aromatics are a group of organic compounds that contain a benzene ring or exhibit similar chemical properties. They are widely used as key raw materials in the production of various products, including plastics, synthetic fibers, rubber, dyes, resins, solvents, and pharmaceuticals.

Aromatics play a crucial role in the energy commodities trading sector as they are commonly traded as commodities themselves, such as benzene, toluene, and xylenes. Additionally, they are significant constituents of refined petroleum products, specifically gasoline, which often contains aromatic hydrocarbons.

For further information about aromatics, you can visit the following websites:

1. American Fuel & Petrochemical Manufacturers (AFPM) – Benzene and Aromatics:
This webpage on the AFPM website provides an overview of benzene and aromatics, their properties, applications, market dynamics, and their significance in the petrochemical industry.
Link: https://www.afpm.org/what-we-do/chemistry/chemicals/benzene-aromatics/

2. Global Aromatics & Derivatives Summit:
The Global Aromatics & Derivatives Summit’s website provides valuable insights into the aromatics industry, including market trends, pricing information, consumption patterns, regulatory updates, and industry forecasts. It also features industry news and upcoming events related to the aromatics sector.
Link: https://www.cvent.com/events/global-aromatics-derivatives-summit/event-summary-7e4a269a9ef4425db5f6c2e3f719ab11.aspx

This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.

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