Benzene is a raw material for producing several products like plastics, resins, nylon and synthetic fibers.
Asian benzene prices have been influenced by the high prices currently prevailing in the West.
Benzene markets expanded even as the firm spot prices were pegged at around US $755 per metric FOB Korea mark.
Sources reported that sustained strength in the downstream Styrene Monomer markets and lasting gains in ethylene feedstock are also contributing towards soaring Benzene numbers.
Hike in Benzene prices seem to be affecting other aromatic solvents prices like Toluene as well as Isomer and solvent grade MX are also increasing.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
