Home / Knowledge / News / Textiles / Asian benzene market falls on sluggish demand
Asian benzene market falls on sluggish demand
23
Jul '09
Asia benzene market fell again on Wednesday due to sluggish market sentiment. FOB Korea closed at US $842.5-843.5 per ton while FOB Southeast Asia settled at $835.5-836.5 per ton, down $4.75 from the previous day.

Pure benzene market was more cautious and seemed to have a wait-and-see attitude, due to effects of styrene and phenol, which are in the doldrums. September benzene shipment was offered at $845 per ton in the morning, but fell to $830 in the afternoon.

On supply side, as a result of about to start new capacities in China and Indonesia, Asia benzene supply will increase. Japan's Idimitsu plans to reduce operation rate of aromatics plant in August due to shortage of its feedstock; naphtha.

No-3 aromatics plant of Taiwan FCFC3 located in Mailiao has yet to restart after it shut down on July 1. There is no problem of raw material supply, since the recently restarted No-2 styrene plant has sufficient inventory.

Fibre2fashion News Desk - China


Must ReadView All

FPCCI prepares report on Pakistan’s export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan’s export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Courtesy: Detego

Apparel/Garments | On 26th May 2018

Retailers adopting IoT strategies to monitor goods: Report

Retailers are adopting popular IoT strategies to more accurately...

European cities attracted 43% new brands in 2016: Report

Apparel/Garments | On 26th May 2018

European cities attracted 43% new brands in 2016: Report

European cities are the preferred new destination for international...

Interviews View All

Jurgen Gauger
Spreadshirt

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

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch 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


May 2018

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

news category


Related Categories:

Advanced Search