Home / Knowledge / News / Textiles / Asian benzene prices continue to spiral down this week too
Asian benzene prices continue to spiral down this week too
28
Aug '14
Benzene prices in Asian markets of Korea, Japan and India had witnessed a downtrend in prices last week due to lower upstream energy prices in the region and fall in downstream product prices.

The falling trend in all these markets has continued in to the current week too.

In the early days of last week, Korean benzene prices were at US$ 1330/ton, lower by US$ 20/ton as compared to the same period of its previous week.

During last week, prices were assessed in the range of US$ 1315-1330/ton FOB Korea as compared to US$ 1345-1360/ton in its previous week.

Prices went down further in the current week and were assessed at US$ 1290/ton yesterday (Aug 27) as compared to US$ 1310/ton on August 25.

In Japan, prices showed similar trend as in Korea last week. Spot prices were seen in the range of US$ 1320-1335/ton CFR Japan as compared to US$ 1350-1365/ton in its previous week.

Prices declined in the current week also and were spotted at US$ 1295/ton yesterday, down by US$ 20/ton as compared to US$ 1315/ton on August 25.

In India, prices showed similar trend as Korea and Japan last week. Benzene prices were spotted in the range of US$ 1325-1340/ton CFR India last week, vis-à-vis US$ 1355-1370/ton in the previous week.

Prices continued on a downward spiral this week as well and were quoted at US$ 1300/ton yesterday, vis-à-vis US$ 1320/ton on Monday.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Textiles | On 15th Jul 2018

WCO publishes global standards on e-commerce

The World Customs Organization (WCO) has published the Framework of...

Courtesy: M Dohmen

Textiles | On 15th Jul 2018

Archroma takes remaining minority shares in M Dohmen

Archroma, leader in colour and specialty chemicals towards...

Courtesy: Reebok

Fashion | On 15th Jul 2018

Reebok, CFDA join hands to nurture America's fashion

Global fitness and lifestyle brand Reebok has joined hands with the...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search