Home / Knowledge / News / Textiles / Benzene trends stable in Asia last week, up in US & Europe
Benzene trends stable in Asia last week, up in US & Europe
20
Dec '12
Benzene market was stable in Asia, whereas it showed upward trend in Europe and US in the week ending December 15. 
 
In Korea, Benzene prices remained steady due to dull buying sentiment in the downstream market. In the early days of the previous week, prices were at US$ 1455/ton higher by US$ 25/ton, as compared to the same period of the previous week. Benzene prices were assessed in the range of US$ 1450-1460/ton FOB Korea.
 
In Japan, Benzene prices showed similar trend as Korea. Speculators assessed the spot prices of Benzene in the range of US$ 1455-1465/ton CFR Japan.
 
In India, Benzene prices showed similar trend as in Korea and Japan. Initially, prices were at US$ 1465/ton higher by US$ 25/ton, as compared to the same period of the previous week. Based on the market condition, Benzene prices were spotted in the range of US$ 1460-1470/ton CFR India.
 
Benzene prices went up in Europe due to higher upstream and downstream product prices. In the initial days of last week, prices were at US$ 1460/ton higher by US$ 40/ton, as compared to the same period of the previous week. Prices were spotted in the range of US$ 1460-1500/ton FOB Rotterdam. Initial contract prices for December were settled at US$ 1408/ton FOB NWE.
 
In US, Benzene market showed similar trend as Europe due to higher downstream product prices. Prices were assessed in the range of 505-525 (cents/gallon) FOB US. Initial contract prices for December were settled at 493 (cents/gallon) (US$ 1476/ton) FOB US.
 
Click here to receive latest issue of ChemTrend Report.
 
 
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Suresh Patel
Sidwin Fabric

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

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

Yash P. Kotak
Bombay Hemp Company

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X