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Spike in global benzene trends hit Asian prices
16 Oct '14
1 min read
Decline in global benzene prices, led to a fall in Asian benzene trends yesterday (Oct 15).
Lower upstream energy prices and fall in downstream product prices too supported the price drop.
In Korea, prices were spotted at US$ 1075/ton yesterday, lower by US$ 30/ton or 2.71% as compared to US$ 1105/ton on Oct 14.
In Japan, benzene prices declined by 2.70% and were quoted at US$ 1080/ton on Wednesday versus US$ 1110/ton on Tuesday.
In India too, benzene prices were offered at US$ 1085/ton yesterday, down by 2.70%.
Lower upstream energy prices and fall in downstream product prices too supported the price drop.
In Korea, prices were spotted at US$ 1075/ton yesterday, lower by US$ 30/ton or 2.71% as compared to US$ 1105/ton on Oct 14.
In Japan, benzene prices declined by 2.70% and were quoted at US$ 1080/ton on Wednesday versus US$ 1110/ton on Tuesday.
In India too, benzene prices were offered at US$ 1085/ton yesterday, down by 2.70%.
Fibre2fashion News Desk - India
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