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Asian benzene slips from fall in upstream trends on Dec 1
02 Dec '14
1 min read
Benzene prices slipped in Asia yesterday, Dec 1, due to fall in upstream energy prices along with sluggish downstream demand in the region.
Decline in feedstock prices and downstream product prices also supported the price fall.
In Korea, prices were assessed at US$ 860/ton yesterday, lower by US$ 55/ton as compared to the prices at the end of last week.
In Japan, benzene prices were quoted at US$ 865/ton on Dec 2, also down by US$ 55/ton vis-à-vis prices by the end of the previous week.
In India, prices showed similar decline and were assessed at US$ 870/ton yesterday.
Decline in feedstock prices and downstream product prices also supported the price fall.
In Korea, prices were assessed at US$ 860/ton yesterday, lower by US$ 55/ton as compared to the prices at the end of last week.
In Japan, benzene prices were quoted at US$ 865/ton on Dec 2, also down by US$ 55/ton vis-à-vis prices by the end of the previous week.
In India, prices showed similar decline and were assessed at US$ 870/ton yesterday.
Fibre2fashion News Desk - India
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