Home / Knowledge / News / Textiles / Asian benzene trends turn soft again

Asian benzene trends turn soft again

24
Jun '10
Asian benzene market went soft again on Wednesday. FOB Korea closed at US $808.5-809.5/ ton, FOB Southeast Asia closed at $792.75-793.75/ ton, down $3.75/ ton.

In the morning, offers for arbitrary shipment in August and September fell from $820 to $815/ ton, counteroffers stood at $790 / ton.

A single deal outside the trading screen was reached at $815/ ton FOB Korea for shipment in September; the buyer was Interchem, while the seller was unknown.

In the afternoon, offers for shipment in August maintained at $810-815/ ton and offers for shipment in September were $808-820/ ton, but no transactions were reported.

The Chinese domestic benzene market was firm. Benzene inventory in China is at highest level. Market price in East China ranged 6200-6300 Yuan / ton, price in South China touched 6050-6100 Yuan / ton and price in North China reached 6200-6300 Yuan / ton.

Market participants expect benzene market will continue to undertake a small correction in short term.

Fibre2fashion News Desk


Must ReadView All

Pic: JNCASR

Textiles | On 2nd Apr 2020

Indian researchers make coating to kill virus like COVID

A one-step curable anti-microbial coating, which when coated on...

Pic: Polygiene

Apparel/Garments | On 2nd Apr 2020

Polygiene launches ViralOff, a sanitiser for garments

Swedish odour control technology company Polygiene has launched...

Pic: PVH/ Calvin Klein

Apparel/Garments | On 2nd Apr 2020

PVH FY19 revenue grows 3% to $9.9 billion

PVH Corp, a US-based global apparel companies, has reported 3 per...

Interviews View All

Nuno Venda, ROQ

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Office bearers, Textile industry

Office bearers
Textile industry

There might be negative impact on garment exports

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Larry Fontana,

Larry Fontana

Italy-based Lafer SpA is one of the most innovative surface finishing...

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search