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

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

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 ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search