Home / Knowledge / News / Textiles / Benzene prices decrease in global markets last fortnight
Benzene prices decrease in global markets last fortnight
10
May '14
The prices of benzene decreased in global markets in the last fortnight ending April 30, 2014, compared to the previous fortnight ending April 15.
 
In Asian markets, the prices of benzene showed soft outlook and prices declined due to weak demand from the downstream buyers.
 
In Korea, the average price of benzene in April 2014 worked out to US$ 1275/ton, which was a decrease of 1.83 percent over the average price of $1300/ton during the same month last year. On May 10, benzene price was assessed at $1260/ton.
 
In India, the average price of benzene fell by 1.54 percent to $1275/ton in the last fortnight, as against the price of $1295/ton in the previous fortnight. On May 10, price was offered at $1270/ton.
 
In Japan, benzene average price in the last fortnight was $1275/ton, which was 1.16 percent lower than the average price of $1290/ton in the previous fortnight. On May 10, price was quoted at $1265/ton.
 
In Europe, the average price of benzene in the last fortnight was $1470/ton, down 0.68 percent as against the average price of $1480/ton in the previous fortnight, due to weak buying sentiments coupled with ample of product availability in the region. On May 9, prices were spotted at $1385/ton.
 
In US, the average price of benzene in the last fortnight was quoted at 460 cents/gallon, lower by 4.17 percent vis-à-vis the average price of 480 cents/gallon in the previous fortnight, due to sluggish demand from downstream buyers and ample product availability in the market.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Subhashini Srinivasan
The S Studio

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

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

Robert Brunner
Devereux

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...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X