Pure benzene price fell significantly in international markets. Under the pressure of ample supply in the US, Asian pure benzene markets also shows a sluggish trend.
However, domestic supply is slightly excess, local spot market demand from downstream manufacturers is slow, and no market trade has been reported even though there are offers.
China Petrochemical Factory Price declined and pure benzene in domestic spot market continues to drop. Hence, domestic pure benzene market in July will continue to stay lethargic.
Pure benzene market close prices in Europe, US, Asia on July 18 are as follows:
Pure benzene, FOB South Korean main ports, at US $1035-1035 per ton, down $15 from the previous day.
Pure benzene (Nitradion grade), FOB Rotterdam, at $1090-1090 per ton, down $10 from the previous day.
Pure benzene (Nitradion grade), FOB US Gulf, at $1125-1125 per ton, no change from the previous day.
Fibre2fashion News Desk - China
marketing@alchempro.com
