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Asian Benzene markets rebound on Wednesday

18
Jun '09
Asian Benzene rebounded on Wednesday, ending its four-day dropping trend, FOB South Korea closed at US $770-771 per ton, FOB South-East Asia closed at US $761-762 per ton, both increased US $16 per ton, support from active buying of cargo for shipment in the second half of July.

In Asian market, offers for July shipment were absent, buying intention ranged at US $750-760 per ton, counteroffer for August delivery was at US $745 per ton.

In tradin area, Sabic sold one cargo to GS Caltex at US $774 per ton for shipment in the second half of July, trade activities for August shipment were slow, market offers gradually declined from US $785 to US $768 per ton.

Fibre2fashion News Desk - China


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