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Asian benzene marginally up, stable in China
30
Dec '10
In the Asian market, benzene rose US $1 from the previous trading day to close at US $1038-1041 / ton (FOB Korea) on December 28.

In the Chinese, domestic pure benzene market performed stable on Wednesday, discussion atmosphere looked dull.

The domestic benzene market was stable and price was 7150-7250 Yuan / ton in East China, stood at 7000-7050 Yuan / ton in South China and 7000-7000 Yuan / ton in North China.

The Chinese domestic benzene market was stable due to the impact of rise in international crude oil price and overseas offers. Downstream sector showed thicker waiting atmosphere and market trade was flat.

Market participants expect that short-term domestic market of benzene is likely to continue in a smooth consolidation trend.

Fibre2fashion News Desk - China

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