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Benzene market trends up in Asia

10
Jun '10
In the Asian markets, benzene rose US $3 from the previous day and closed at $787-790/ ton (FOB Korea) on June 9. China's domestic benzene market appeared firm on Wednesday and trading atmosphere was calm.

In the Chinese benzene market, price in East China stood at 5900-6000 Yuan / ton, price in South China marked 5900-6000 Yuan / ton and benzene price in North China market touched 5900-6000 Yuan / ton

The Chinese domestic benzene market is steady due to the influence of slight rise in oil prices and overseas offers, but downstream sector is mainly covered with wait-and-watch sentiment.

Market participants expect that benzene market may face a slight correction in the short term.

Click here to view prices of various aromatics.

Fibre2fashion News Desk


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