Home / Knowledge / News / Textiles / Benzene prices dip in Asia last fortnight; up in Europe
Benzene prices dip in Asia last fortnight; up in Europe
11
Feb '14
The prices of benzene decreased in Asian markets in the last fortnight ending January 31, 2014, compared to the previous fortnight ending January 15, due to sluggish buying sentiments in the region coupled with a drop in upstream crude value, whereas they increased in Europe due to tight product availability in the region.
 
In Korea, the average benzene price in January 2014 was US$ 1345/ton, which was an increase of 5.70 percent over the average price of $1425/ton during the corresponding month last year.
 
In the previous fortnight, the average benzene price was $1350/ton, which decreased by 0.56 percent to $1340/ton in the last fortnight. On February 10, 2014, the price of benzene in Korean market was assessed at $1345/ton.
 
In India, the average price of benzene dropped by $5/ton to $1350/ton in the last fortnight, compared to the average price of $1355/ton in the previous fortnight. On February 10, benzene price was assessed at $1355/ton.
 
In Japan, average benzene price was $1345/ton in the last fortnight, slightly lower compared to the previous fortnight. On February 10, price was assessed at $1350/ton.
 
In European International market, average price of benzene rose by 3.55 percent in the last fortnight to $1460/ton, vis-à-vis the average price of $1410/ton in the previous fortnight. On February 7, benzene price was assessed at US$ 1420/ton.
 
In US, the average price of benzene surged up by 2.94 percent to 525 cents/gallon in the last fortnight, compared to 510 cents/gallon in the previous fortnight, due to tight product availability in the region and gains recorded in the downstream product value in the last fortnight.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Feb 2017

Amazon UK to create 5,000 full time jobs this year

Amazon UK said it will create more than 5,000 full time jobs this...

Textiles | On 22nd Feb 2017

Telangana CM seeks better life for handloom weavers

Chief minister of Telangana, K Chandrashekhar Rao assured handloom...

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Steve Cole
Xerium Technologies

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
February 2017

February 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