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Chinese benzene market conditions strong
29
Jul '11
Chinese domestic market conditions of benzene were strong on Thursday, but transactions were moderate.

In the Asian market, benzene was flat compared with the previous day and closed at US $1167-1170 / ton (FOB Korea).

In China, benzene market price ranged between 8450-8550 Yuan / ton in East China, stood at 8300-8400 Yuan / ton in South China and mainstream offers marked 8300-8400 Yuan / ton in North China.

Market conditions of Chinese domestic benzene continued to be strong amid steadiness. Downstream sector was cautious towards high price under thick watching atmosphere.

Market participants expect that short-term market conditions of domestic benzene will remain firm amid steadiness.

Fibre2fashion News Desk

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