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Benzene prices expected to firm up
Aug '11
The overall pressure of domestic benzene stock was not high on Wednesday, as market supply was limited.

In the domestic market, price ranged between 8,300-8,350 Yuan / ton in East China; stood at 8,450-8,500 Yuan / ton in South China and was assessed at 8,100-8,200 Yuan / ton in North China.

The trends of crude oil boosted market mentality and gradually trends turned more optimistic.

The market got support from limited supply and demand of downstream business. Therefore, benzene market is expected to firm up in near future.

Fibre2fashion News Desk - China

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Courtesy: Commonwealth Bank of Australia

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