Home / Knowledge / News / Textiles / Asian benzene markets on a high
Asian benzene markets on a high
17
Sep '09
Asian Benzene market went higher on Wednesday due to many uncertainties in recent time and short covering by businessmen, the market was quite active in the afternoon and closed higher by US $15.5 per ton.

FOB South Korea Benzene closed at $798.25-799.25 per ton and FOB Southeast Asia Benzene closed at $786.25-787.25 per ton.

Early in the afternoon, Elico made a deal with BIT at $805 per ton, FOB Korea, for shipment in the first half of November, then GS Caltex bought October cargoes from SK Networks and Interchem company at $798 per ton, shipment in the second half of October.

C Chem and Trammochem made an outside of market deal at $799 per ton for shipment in November. Shanghai Petrochemical opened its new Paraxylene plant in Jinshan. The plant has PX capacity of 600,000 tons per year and Benzene capacity of 280,000 tons per year.

With restarting plan of styrene units, pure benzene exports from Japan are expected to decline from September to November. Asahi Kasei plans to close its No 3 plant in Mizushima on October 11 for 40-days maintenance, the plant with 39 million tons of capacity is tentatively scheduled to resume production on November 20.

Japan Oxirane plans to close its styrene plant with 425,000 tons per year capacity in Chiba for 5 weeks of maintenance. Exxon Mobil plans to ship 4,000 tons of aromatics from Singapore to Al-Jubail by mid-October.

It has also been reported that, production of benzene in China reached 2.97 million tons in the period January to August of 2009, representing an increase of 12 percent year on year.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

Pakistan’s textile exports up 5.81% in July-August 2017

The value of textile and garment exports from Pakistan increased by...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

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

Sanjukta Dutta
Sanjukta's Studio

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search