Home / Knowledge / News / Textiles / Benzene markets dip on Wednesday
Benzene markets dip on Wednesday
02
Jul '09
Asian Benzene prices declined marginally following the trends set by crude oil market on Wednesday. FOB Korea closed at US $819.50-820.50 per ton, down $8.75 per ton from the previous day.

FOB Southeast Asia closed at $811.50-812.50 per ton, down $7.75 from the previous day. Early morning offers were at $810 per ton, but counter offers were at $835, and the spread narrowed in the afternoon.

In the trading area, Chemstone offered August cargo at $815, but did not receive any corresponding offers. Spot price of phenol ketone is $200 higher than benzene, due to which enterprises could make some profits.

But on Tuesday, CFR China price of phenol was $815 per ton, meaning, phenol was lower than pure benzene. Total operation rate of aromatic plants in Asia is at low levels, due to limited supply of pyrolysis gasoline and this situation may last until July.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Textile item exporters in Turkey's Denizli target China

Apparel/Garments | On 16th Jul 2018

Textile item exporters in Turkey's Denizli target China

Exporters in Turkey's Denizli, which accounts for $1.5 billion of the ...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

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

Sanjukta Dutta
Sanjukta's Studio

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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