Home / Knowledge / News / Textiles / Weak consolidation to continue in Chinese benzene market
Weak consolidation to continue in Chinese benzene market
18
Nov '10
In the Asian market, benzene fell US $7 from the previous trading day to close at $916-919 / ton (FOB Korea). China's domestic pure benzene market was stable on Wednesday; however, discussion atmosphere looked dull.

Domestic market conditions were stable. Market price in East China ranged between 7100-7200 Yuan / ton; price in South China marked 7100-7200 Yuan / ton, while in North China it stood at 7100-7200 Yuan / ton.

The Chinese domestic benzene market has softened, due to the impact of lower international crude oil prices and reduced offers for overseas supply, as well as weakening styrene in downstream market.

Downstream demand was low, overall market sentiment appeared deserted. It is reported that some refineries have planned to cut price, tomorrow. Market participants expect that domestic benzene market is likely to continue weak consolidation in the short term.

Fibre2fashion News Desk

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

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

Judy Frater
Somaiya Kala Vidya

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

Ritu Kumar
Label Ritu Kumar

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
February 2017

February 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