Home / Knowledge / News / Textiles / Global benzene market mainly under consolidation
Global benzene market mainly under consolidation
19
Apr '12
In recent days, benzene market is mainly under consolidation, while intraday benzene market slightly fell on Wednesday, import volume has gradually decreased and number of profit taking positions has reduced.

Asian benzene closed down by US $1.50 yesterday. July cargo was traded at US $1,174 / ton (FOB Korea), buyer's intention for May cargo increased from US $1,165 / ton to $1,171 / ton (FOB Korea).

European benzene prices rose. April cargo and May cargo were discussed in the range of $1170-1185 / ton (CIF ARA) in the morning and transactions were made at $1180 / ton.

Negotiation level continued to rise and deals were also transacted at $1,190/ ton, transaction levels of May cargo reached $1,200/ton. Prices of May cargo continued to increase to $1,205/ ton in the afternoon. June cargo was discussed in the range of $1190-1215 / ton.

US benzene trends rose 3 cents on April 18. April cargo was discussed in the range of 409-415 cents / gallon (DDP USG) and May cargo was discussed in the range of 408-413 cents / gallon.

In the Chinese domestic market, market transactions in East China was in the range of 8,500-8,550Yuan / ton, in South China it was around 8,400-8,600 Yuan / ton and in North China it was in the range of 8,500-8,500 Yuan / ton.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Giorgio Mantovani
Corman S.p.A

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search