Home / Knowledge / News / Textiles / Asian pure benzene market bounces back
Asian pure benzene market bounces back
Apr '08
On Wednesday, April 4, Asian pure benzene market rebounded slightly, FOB Korea closed at US $1072.50-1073.50, up $4.25 per ton, FOB South East Asia increased by $2.25, and closed at $1066.25-1067.25 per ton, being influenced by the increase in May crude oil and the uncertainty in US pure benzene market.

Market participants said that Asian market was nervous to a certain extent, but some other were of the openion that the price decline in backward futures indicated that April market supply and demand were basically balanced

According to traders, Asian spot market is expected to remain relatively tight in April as a large number of cargoes (about 9000-15000 tons) will be sent to Southeast Asian market during this period.

Another report expressed, last week outages of S-Oil aromatics and TDP device reached about 9,000 tons, also contributing to supply shortage.

The market clearly gave a signal of tension in Korean market when Mitsui & Co. offered at US $1,078 / mt CFR for April shipment, but had the offer withdrawn by close time.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Opening ceremony of the new UL Vietnam laboratory. Courtesy: Business Wire

Textiles | On 22nd Oct 2016

UL opens first testing laboratory in Vietnam

UL, a global safety science organisation, has officially opened its...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search