Home / Knowledge / News / Textiles / Chinese benzene market consolidates on tight supply
Chinese benzene market consolidates on tight supply
18
Oct '12
Pure benzene market in China is maintaining consolidation on high level owing to tight supply.
 
Downstream manufacturers are purchasing benzene as per their immediate requirement and actual transactions are few.
 
Currently, pure benzene transaction price in East China market is in the range of 10,150-10,200 yuan/ton, while the prices are in the range of 9,850-10,000 yuan/ton and 10,100-10,200 yuan/ton in South China and North China markets, respectively.
 
Tight supply supports the market to operate at high level, but the demand from downstream buyers is not likely to see any improvement.
 
Meanwhile, the South China branch of Sinopec is offering benzene at 10,000 yuan/ton. Inventory pressure is not high and production and sales are normal.
 

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Amit Jain
Shingora Textiles Ltd

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Kerem Durdag
Biovation II LLC

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Robert Brunner
Devereux

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

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

news category


Related Categories:
March 2017

March 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