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: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Nitin Bhatia
Trend Arrest

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

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search