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Asian benzene contracts on Aug 3 from low feedstock prices
04 Aug '15
1 min read
Benzene prices contracted in Asia on Monday (Aug 3) from lower upstream energy prices, downstream product prices and feedstock prices coupled with poor downstream demand in the region.
In Korea, prices were spotted at US$ 740/ton, lower by US$ 30/ton or 3.90 per cent as compared to prices at the end of last week.
In Japan, prices were assessed at US$ 735/ton, down by US$ 30/ton or 3.92 per cent vis-à-vis prices towards end of the previous week.
In India, prices were offered at US$ 745/ton, also lower by US$ 30/ton or 3.87 per cent as against prices at end of the earlier week.
In Korea, prices were spotted at US$ 740/ton, lower by US$ 30/ton or 3.90 per cent as compared to prices at the end of last week.
In Japan, prices were assessed at US$ 735/ton, down by US$ 30/ton or 3.92 per cent vis-à-vis prices towards end of the previous week.
In India, prices were offered at US$ 745/ton, also lower by US$ 30/ton or 3.87 per cent as against prices at end of the earlier week.
Fibre2Fashion News Desk – India
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