Crude oil price moved up on Wednesday, December 5, stimulating prices in the Asian region. Trade sentiment in domestic pure benzene market was dull as a result of limited trade talks.
Asian markets: Tuesday, Asian pure benzene fell US $4.5 per ton, closed at US $977-978 per ton, FOB Korea.
Domestic market: Pure benzene market price was stable, marking 8850-8950 yuan per ton in eastern China market, at 8900-9000 yuan per ton in the South and 8900-9000 yuan per ton in North China market.
The market price is likely to be in a oscillating pattern with domestic pure benzene market sentiment to remain static, with poor trade volume and weak downstream demand. Observers expect that domestic pure benzene market will stabilize in near future.
Fibre2fashion News Desk - China
marketing@alchempro.com
