Home breadcru News breadcru Petrochemicals breadcru Strong buying sentiments push up global benzene trends

Strong buying sentiments push up global benzene trends

24 Jun '14
1 min read

Today, in the Asian market, Benzene trends showed firm performance coupled with bullish downstream market in the regions. This was also witnessed in the European and US markets yesterday.

Today, the prices in F E and S E Asian market increased by 2.91 percent compared to yesterday and were assessed in the range of USD 1420/ton to USD 1425/ton.

In the European market, Benzene prices increased by 2.77 percent yesterday due to strong demand and surged by US$ 40/ton and were offered in the range of USD 1480/ton to USD 1485/ton.

Yesterday, in the U.S.A market, selling offers for Benzene also went up due to improved buying sentiments. Benzene price increased by 36 cents/gallon compared to its previous closing and were quoted in the range of 511 cents/gallon.

Fibre2fashion News Desk - India

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