Home / Knowledge / News / Textiles / Worldwide benzene market shows upward trend last week
Worldwide benzene market shows upward trend last week
29
Nov '12
In Korea, benzene prices increased in the week ending November 24, due to robust support from the downstream market. In the early days of the week, prices were at US$ 1315/ton lower by US$ 45/ton, as compared to the same period of its previous week but went up during the week and were assessed in the range of US$ 1315-1370/ton FOB Korea.

In Japan, Benzene prices showed similar trend as Korea. Speculators assessed the spot prices of Benzene in the range of US$ 1320-1375/ton CFR Japan.

In India, Benzene prices showed similar trend as Korea and Japan. Initially, prices were at US$ 1325/ton lower by US$ 45/ton, as compared to the same period of its previous week. Later in the week, they were spotted in the range of US$ 1325-1380/ton CFR India.

Benzene prices went up in Europe due to tight product availability and strong demand from the downstream market. In the initial days of the reporting week, prices were at US$ 1345/ton lower by US$ 10/ton, as compared to the same period of its previous week but increased during the week and were spotted in the range of US$ 1345-1380/ton FOB Rotterdam. Contract prices for November were settled at US$ 1338/ton FOB NWE.

In US, Benzene market showed similar trend as Europe. Prices were assessed in the range of 480-485 (cents/gallon) FOB US. Contract prices for November were settled at 490 (cents/gallon) (US$ 1467/ton) FOB US.

Click here to receive latest issue of ChemTrend Report.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

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

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

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...

Urs Stalder
Sanitized AG

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

Mike Hoffman
Gildan Activewear SRL

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

Yash P. Kotak
Bombay Hemp Company

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search