Home / Knowledge / News / Textiles / Asian benzene markets continue to rise
Asian benzene markets continue to rise
05
Jan '12
In the international benzene market, continuing with the rising trend Asian benzene grew by US$ 24.5 on December 31, 2011. February cargo was traded in the range of US$ 1075-1100/ton FOB Korea, while March cargo was negotiated in the range of US$ 1100-1105/ton and the price of April cargo was in the range of US$ 1100-1110/ton.

In the Asian benzene market two deals were finalized for March shipments at US$ 1090/ton and US$ 1103/ton FOB Korea. Similarly, a deal for April shipment was reached at US$ 1107/ton FOB Korea.

In China's domestic benzene market, transactions were in the range of 7900-7950 yuan/ton on January 4, 2012 in both North China and South China, while in East China the transactions were in the range of 8000-8050 yuan/ton.

In recent period, benzene manufacturers have increased prices, which has resulted in moderating influence on the market and benzene market has adjusted to the higher price level.

Presently, marketing atmosphere is calm, with sellers giving less offers and buyers showing limited interest in purchase. There is more of wait-and-watch sentiment in the market and downstream buyers are looking for goods that are in line with their demand. These trends indicate that the market conditions are expected to rise amid steadiness.

Meanwhile, Northwest Sales Brand of China National Petroleum has increased its listing price by 100 yuan/ton. In East China, external sales are implemented at 6950 yuan/ton (ex-factory) by Dushanzi Petrochemical and Urumqi Petrochemical and at 7300 yuan/ton by Lanzhou Petrochemical.

Fibre2fashion News Desk - China


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search