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Chinese benzene prices in high level consolidation
15
Mar '12
The Chinese benzene market is at a high-level consolidation in recent times. However, the overall benzene market does not face great supply pressure.

In the Chinese domestic market, benzene trends in East China were in the range of 8550-8600 Yuan / ton on March 14.

Market transaction in South China was in the range of 8500-8700 Yuan / ton and in North China it was in the range of 8500-8550 Yuan / ton.

Meanwhile, benzene from North China Petrochemical Company was offered at 8650 Yuan / ton. Inventory is at a low level, contract sales are stable, and the plant is operating normally.

Fibre2fashion News Desk - China

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