Home / Knowledge / News / Textiles / Pure benzene market likely to show stability
Pure benzene market likely to show stability
18
Jan '08
Wednesday (January 16), crude oil price fell, bargaining price of pure benzene in Asia was lower, China's domestic market sentiment was plain, negotiations and transactions were as usual.

Due to stock pressures in Asian markets and the absence of terminal buyers, pure benzene market sentiment on Wednesday was hard to improve, FOB in South Korea closed slightly up US $2 per metric ton to $989-990 per ton.

Tuesday night the market completed dealings for late February shipment at $990 per metric ton, FOB, and arbitrary shipment in March at $1,000 per metric ton.

Wednesday morning, offers for February shipment was limited within $960 per metric ton. Trading range of SK and Shell were at $990 per metric ton FOB and $ 1,005 per metric ton, respectively, but no trade report.

Prices in domestic pure benzene market were stable. Market prices in East China were 8450-8550 yuan per ton, 8500-8600 yuan per ton in South China, and market prices were 8700-8800 yuan per ton in North China.

Overall crude oil price fell, China's domestic pure benzene market prices are stable, negotiations are limited, and traders expect domestic pure benzene market to mainly remain steady.

Fibre2fashion, News Desk - China


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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:
July 2017

July 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