Home breadcru News breadcru Petrochemicals breadcru Multiple factors fuel Asian & European benzene trends

Multiple factors fuel Asian & European benzene trends

23 Jun '14
1 min read

Firm global energy prices, limited product availability, rising naphtha prices and increase in US benzene prices last week, led today to a rise in Asian and European benzene trends.

Prices in the F E and S E Asian market today were in the range of US$ 1370/ton to US$ 1375/ton, a gain of US$ 35/ton from the closing prices of last week.

In Europe, benzene prices increased by 3.58% compared to last week’s closing, mainly due to limited product availability in the region.

In the European market, selling offers of benzene increased by US$ 70/ton today and were quoted in the range of US$ 1440/ton to US$ 1445/ton.

Fibre2fashion News Desk - India

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