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

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Jurgen Gauger
Spreadshirt

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

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Urs Stalder
Sanitized AG

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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