Home / Knowledge / News / Textiles / Worldwide benzene price trends decline
Worldwide benzene price trends decline
16
Sep '10
On Wednesday, Asian benzene closed at US $847.25-848.25 / ton (FOB Korea) and $836-837 / ton (FOB Southeast Asia), down $14 / ton and 14.25 / ton, respectively, from the previous day.

Cargo deliveries for November opened at $860 / ton. One cargo to be delivered in November was traded at $862 / ton, seller was China Aviation Oil (CAO) and buyer was MBK.

Another benzene consignment to be delivered in November was traded at $863 / ton (FOB Korea) at noon; the transaction was done between Total and BIT.

Trading price significantly fell compared with Tuesday. Cargo to be delivered in late October was discussed around $845-860 / ton. US benzene fell 3 cents / gallon to close at 303-303.1 cents / gallon (FOB US Gulf).

European benzene slightly lowered on Wednesday. FOB Rotterdam closed at $899-900 / ton, down $1 from the previous day and CIF ARA closed at $889.25-890.25 / ton.

Sources said one single deal for September shipment was done at $888 / ton late on Tuesday. September cargo was negotiated around $885.5-895.5 / ton CIF ARA in early morning trades and quotes for October cargo ranged between $900.5-910.5 / ton (CIF ARA).

Market sentiment was fair and it was reported that two October cargoes were traded at $905 / ton. The market then declined due to lack of clear direction. Discussion level for September and November cargo fell to $880.5-890.5/ ton and $902.5 -903.5 / ton (CIF ARA).

Fibre2fashion News Desk

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Courtesy: ZDHC

Textiles | On 23rd Jan 2017

Oeko-Tex joins ZDHC programme for sustainability

Oeko-Tex, an independent textile testing institute working for the...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Mark Paterson
Technical Absorbents Ltd

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search