Home / Knowledge / News / Textiles / Poor downstream demand pulls down global benzene prices
Poor downstream demand pulls down global benzene prices
18
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

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Textiles | On 30th Mar 2017

Lok Sabha approves 4 supplementary GST legislations

The Lok Sabha has approved four supplementary Goods and Services Tax...

Courtesy: ShopKeep

Information Technology | On 30th Mar 2017

Shopkeep partners with software provider BigCommerce

ShopKeep, the cloud-based technology solution that transforms an iPad ...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Claudia Kersten
Global Organic Textile Standard

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Yash P. Kotak
Bombay Hemp Company

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

Tony Ward
Tony Ward

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

Pranav Mishra
Huemn

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search