Wednesday (November 28), crude oil price continued to drop, foreign sessions in Asia were relatively calm, domestic pure benzene market was quiet with limited trade volume.
In Asian markets: Tuesday, Asian pure benzene rose US $6 per ton, and closed at US $1031.5-1032.5 per, FOB Korea.
In Domestic market: domestic pure benzene market moved stable in price, in eastern China market, price was quoted at 8850-8950 yuan per ton, in South China market, price was offered at 8900-9000 yuan per ton, while in North China market, price stood at 8900-9000 yuan per ton.
Domestic pure benzene market faces an adequate-supply-weak-market scenario. However, since demand of styrene is concentrated in downstream sectors, local pure benzene market is expected to be stable.
Fibre2fashion, News Desk - China
marketing@alchempro.com
