Home / Knowledge / News / Textiles / Global benzene markets show downward trend last fortnight
Global benzene markets show downward trend last fortnight
Oct '13
The prices of benzene showed downward trend in global markets last fortnight ending September 30, 2013.
In the Far East and Southeast Asian markets, average benzene prices during the fortnight ending September 15 were in the range of US$ 1295-1325/ton, which declined by around 1 percent to US$ 1285-1305/ton during the last fortnight ending September 30, due to sluggish demand from the downstream buyers coupled with the weak upstream energy value.  The declining trend continued in the first week of October, and prices were assessed at US$ 1275-1285/ton on October 5.
In Europe, weak upstream crude oil value and ample product availability in the region drove benzene prices downward by 3 percent to US$ 1280/ton in the fortnight ending September 30, compared to average prices of US$ 1320/ton in the fortnight ending September 15.
In the US, too, benzene prices showed similar trend due to weak demand from downstream industries. Benzene prices were 450 cents/gallon during fortnight ending September 15, which dropped by 2.86 percent to 435 cents/gallon in the fortnight ending September 30.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

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

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

March 2017

March 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