Home / Knowledge / News / Textiles / Chinese benzene market trends on Oct 31
Chinese benzene market trends on Oct 31
Nov '12
In East China, benzene prices were in the range of 10,150-10,200 yuan/ton on October 31.
In South China, market transactions for benzene were in the range of 9,850-10,000 yuan/ton, while market transactions in North China were in the range of 10,200-10,250 yuan/ton on October 31.
Currently, benzene market continues to maintain high-level consolidation due to rising crude oil prices and increasing offers of imported benzene.
In addition, Sinopec has raised its listing price as inventory level still remains low.
However, demand from downstream manufacturers is limited and there is resentment towards high-level price. Hence, actual market transactions are less.
Meanwhile, the East China branch of Sinopec has announced its benzene price at 10,100 yuan/ton for early November. The new price is being implemented by Jinling Petrochemical, Shanghai Petrochemical, Yangzi Petrochemical and Zhenhai Refining & Chemical.
In the short-term, the current trend is likely to persist in the Chinese benzene market, as there are no factors that point towards a change in current trend.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Karan Arora
Karan Arora

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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