Jun '09
FOB Korea benchmark price rose slightly to $675 per ton, and some traders say that current market price in Asia is supported by increase of Chinese Benzene and Styrene. But Styrene price faces downward pressure due to arrivals of ocean-going cargoes.
Benzene is also under arbitrage. Market sources say that about 30,000 tons will be shipped to Europe for arbitrage. Current freight for a tonnage of 5000 is $55 per ton from Ulsan to Rotterdam, and $54 per ton from Ulsan to Houston.
Current spread between pure benzene and naphtha is still lower than $150-200 per ton.
Fibre2fashion News Desk - China
Must ReadView All
Textiles | On 23rd Jun 2017
Textile ministry organises training workshop on GST
The ministry of textiles had organised training workshop on GST which ...
Apparel/Garments | On 23rd Jun 2017
Uware Brands into licensing agreement with Polaroid
Uware Brands has entered into a licensing agreement with Polaroid for ...
Textiles | On 23rd Jun 2017
Ralph Lauren ex-president Tiger of Sweden's new CEO
Hans-Christian Meyer, former president of Ralph Lauren Corporation,...
Interviews View All
Karan Suratwala
Key Textile Accessories Private Limited
Chinese imports are destroying the supply chain
Deepak Jain
Baggout
We are using Facebook and Instagram to promote ourselves
Stefan Warnaar
Peak to Plateau
People are willing to pay for quality and performance
Mohammad Hassan
Biax Fiberfilm
About one in every 20 patients picks up an infection while hospitalised....
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...
Tony Ward
Tony Ward
"You have to truly understand what your client wants, know her needs, what ...
Sonam and Paras Modi's Sva Couture is synonymous with head-turning...
Silvia Venturini Fendi
Fendi s.r.l
"Yes, my confidence and positive attitude are my strengths and should be...
Recommended
news category
Related Categories:
E-News Insight
Latest News Update in Your Mail Box.
