Home / Knowledge / News / Textiles / Chinese benzene market likely to remain at high level
Chinese benzene market likely to remain at high level
Aug '12
In East China, offers of pure benzene were in the range of 8800-8900 Yuan/ton on August 22. The price of hydrogenated benzene was quoted in the range of 8750-8800 Yuan/ton. Moderate transactions were reported.
In Shandong market, benzene prices were quoted in the range of 8800-8950 Yuan/ton on August 22. The market was waiting for new price guideline and was in a wait-and-watch mode. The overall market situation remained calm.
In recent times, Chinese benzene market has remained at higher levels and transactions have been mainly for small orders.
There is tight supply, due to which the market offers for benzene are strong and firm.
The market supply of benzene is expected to remain tight as some petrochemical plants are planning to shutdown for maintenance in near future.
Hence, the Chinese benzene market is likely to remain at high level amid narrow fluctuation in short-term.
Meanwhile, the sales branch of Sinopec in South China is offering benzene at 8700 Yuan/ton. Production and sales are normal and stock pressure is not high.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search