Home / Knowledge / News / Textiles / Poor downstream demand pulls down global benzene prices
Poor downstream demand pulls down global benzene prices
Jan '13
Benzene prices continued the downward trend in Europe and US in the week ending January 12, 2013. In Europe, prices were assessed in the range of US$ 1390-1495/ton FOB Rotterdam, lower by 6% w-o-w.

Prices showed similar trend in US as well and were witnessed in the range of 470-495 (cents/gallon) FOB US, lower by similar percentages as in Europe. This is mainly due to poor downstream demand trends in the markets.

Market experts predicted that Benzene prices may continue to fall in Asia in Q1 of the current year due to weak US and European markets.

Prices declined by 3.4% w-o-w in Korea in the reporting week and were assessed in the range of US$ 1395-1480/ton FOB Korea.  Prices went down by similar percentages in Japan and India markets as well. Downstream product prices were seen lower, which supported the price decline.

Click here to receive latest issue of ChemTrend Report.



Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Eamonn Tighe
Nature Works LLC

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

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...

Rupa Sood and Sharan Apparao

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

Robert Brunner

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

Mike Hoffman
Gildan Activewear SRL

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

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

January 2017

January 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