In Korea, prices went down last week due to lower Benzene prices in US. In the early days of the week, prices were at US$ 1365/ton, same as compared to the same period of its previous week. However towards the end of the week, they declined in the range of US$ 1335-1370/ton FOB Korea.
In Japan and India, prices showed similar trend as in Korea last week. Spot prices were in the range of US$ 1340-1375/ton CFR Japan. In India, prices were spotted in the range of US$ 1345-1380/ton CFR India.
In Europe, in the initial days of last week, prices were at US$ 1455/ton, lower by US$ 30/ton as compared to the same period of the previous week. Prices were spotted in the range of US$ 1455-1485/ton FOB Rotterdam during the week.
In US, prices showed downward trend last week and were assessed in the range of 490-505 (cents/gallon) FOB US.
Fibre2fashion News Desk - India