Home / Knowledge / News / Textiles / Benzene prices to make bigger move in October
Benzene prices to make bigger move in October
Sep '10
European benzene stock market as a whole, held steady on Wednesday, the market closed at US $916-917 / ton (FOB Rotterdam) or $906-907 / ton (CIF ARA). Benzene prices and buyer's sentiment stabilized after slight and slow weakness, both buyers and sellers were optimistic about talks.

Prices are expected to make a bigger move in early October. However, with cost support, a single deal of 1000 tons of goods in October shipment was counter offered at $908-915 / ton (CIF ARA), but not yet confirmed, it was difficult to find negotiation price at $910 / ton.

In the United States, October goods rebounded 2 cents / gallon to close at 307.4-307.5 cents / gallon (FOB US Gulf) on Wednesday. Overall atmosphere of talks weakened. Although oil prices rebounded, benzene price basically remained stable. The market opened at around 305 cents / gallon, discussion level was around 307.5 cents / gallon in the afternoon.

Asian benzene closed at $866.25-867.25 / ton (FOB Korea) and $855.25-856 .25 / ton (FOB Southeast Asia) on Wednesday, down $1.5 and $2.25 from the previous day. Market sources say that as China's National Day is coming, holders intend to made delivery as soon as possible, so offers increased yesterday.

December cargo was quoted around $878 / ton, January cargo around $881-885 / ton. Interchem bid a single December cargo at $876 / ton, CAO offered a single November cargo at $868 / ton and December cargo at $876 / ton.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

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

Mark Paterson
Technical Absorbents Ltd

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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