Home / Knowledge / News / Textiles / Marginal improvement in Chinese benzene trends
Marginal improvement in Chinese benzene trends
Jun '12
The Chinese benzene market has slightly improved with prices moving slightly higher. Market negotiation is becoming increasingly active, due to the influence of gradual recovery of offers for foreign goods and slight improvement of downstream buying.

Benzene market in East China was flat on June 27. Market offers were in the range of 7,500-7,550 Yuan / ton, downstream manufacturers bid around 7,450 Yuan / ton and actual negotiation was in the range of 7,450-7,480 Yuan / ton.

Benzene market in Shandong was light on June 27. Cargo holders offered in the range of 7,450-7,500 Yuan / ton, downstream manufacturers bid around 7,400 Yuan / ton, actual negotiation was in the range of 7,400-7,450 Yuan / ton.

The Central China Sinopec Sales Branch has plans to cut its benzene listing price by 200 Yuan / ton.

When implemented, the listing price of Wuhan Petrochemical, Changling Refinery and Luoyang Petrochemical will be 7,350 Yuan / ton and that of Jingmen Petrochemical will be 7,250 Yuan / ton.

Current negotiations focus on small orders and at the same time, overall inventory is limited, which pushes prices higher. Benzene market is expected to have limited space for decline in the short term. 

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

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

Giorgio Mantovani
Corman S.p.A

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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