Home / Knowledge / News / Textiles / Asian benzene market up, Chinese down
Asian benzene market up, Chinese down
Mar '11
Because of fall in international oil prices, China's domestic market of pure benzene witnessed downward trend with very low volumes. On the other hand, Asian benzene prices showed some improvement.

Domestic markets benzene market prices remained flat at 8250-8300 Yuan / ton in East China, while they declined a little to 8400-8500 Yuan / ton in South China. In North China, mainstream market prices were 8200-8300 Yuan / ton. .

In Asian market, benzene price witnessed a net gain of US $30 from the previous day, closing at US $1210-1213/ ton (FOB Korea).

Decline in international oil prices has played a major role in keeping prices flat. Though downstream sector digested these shocks, overall market sentiment affected badly.

Though market scenario at present is not favorable, short-term benzene market conditions are expected to strengthen.

Factors affecting the market and market trends: while outside market price fell, domestic benzene market conditions slightly softened due to the impact of price collapse in international oil, downstream sector mainly digested stocks temporarily, overall market sentiment was moderate.

Market participants expect that short-term market conditions of domestic benzene may maintain consolidation trend.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Jurgen Gauger

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

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

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

Igor Chapurin

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

Tony Ward
Tony Ward

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

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:
July 2017

July 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