Home / Knowledge / News / Textiles / Chinese benzene market appears light & stable
Chinese benzene market appears light & stable
Jun '10
The price focus on domestic benzene market moved higher on Tuesday and trade volume was fair. Benzene offers from North China Branch of Sinopec declined by 200 Yuan / ton.

The uniform implementation level of Tianjin Petrochemical, Shijiazhuang Refinery and Qilu Petrochemical was 6,000 Yuan / ton, with immediate effect, that of Qingdao refinery was 5,900 Yuan / ton.

Offers from South China brand of Sinopec too declined by 200 Yuan / ton and the uniform implementation level of Guangzhou Petrochemical and Maoming Petrochemical was 6,000 Yuan / ton, with immediate effect.

Central Branch of Sinopec also reduced uniform price of benzene by 200 Yuan / ton for Wuhan Petrochemical, Changling Petrochemical, Zhongyuan Petrochemical and Luoyang Petrochemical to 6,000 Yuan / ton, with immediate effect.

Domestic benzene market conditions were light and stable on Wednesday, market atmosphere was quiet and discussion for overseas goods was as usual.

Market prices in East China ranged between 6,000-6,100 Yuan / ton, in South China they stood at 6,000-6,200 Yuan / ton and in North China it was 6,000-6,100 Yuan / ton. In the Asian market, closing price fell US $15 to $797.5-798.5 / ton (FOB Korea).

Domestic benzene market is light and stable, due to the impact of collapse in oil prices and foreign offers; market sentiment is calm under strong watching atmosphere. The market is likely to see a short-term correction, as it lacks upward momentum.

Fibre2fashion News Desk

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

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

Suresh Patel
Sidwin Fabric

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

Yash P. Kotak
Bombay Hemp Company

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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