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Fall in US & European benzene price continues
28
Aug '14
European and US benzene prices had declined last week due to dull demand and lower upstream energy prices.

The downtrend in prices has continued in the current week also.

Last week, European benzene prices were spotted in the range of US$ 1395-1415/ton FOB Rotterdam as compared to US$ 1405-1440/ton in its previous week.

Prices slipped further this week to US$ 1370/ton on August 27 from US$ 1395/ton on August 25.

US benzene trends were assessed in the range of 480-495 cents/gallon FOB US last week, as compared to 490-510 cents/gallon in its previous week.

Prices continued to decline and were in the range of 470-475 cents/gallon on August 27 as compared to 480-485 cents/gallon on August 25.

Fibre2fashion News Desk - India

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