OREANDA-NEWS. The fourth quarter of 2014 dropped US spot benzene prices to levels not seen in more than five years, but the benzene market is currently being driven by an open arbitrage window in the derivative styrene market. John Calton, US benzene editor, talks to Jeremy Rakes, US styrene editor, about the price movements, crude oil's impact on the markets, the import and export opportunities for both benzene and styrene, and market sentiments about the rest of 2015.