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Pure benzene prices down

20 Dec '07
1 min read

Tuesday (December 18), with crude oil price shocking, and overseas offers relatively quiet, the sentiment over domestic pure benzene market was plain; trade talks and turnover were featureless.

At Asian markets, on Monday, pure benzene price was down US $2 per ton, to US $958.5-959.5 per ton, in terms of FOB Korea.

The domestic market: pure benzene price was basically stable. In eastern China, market price was at 8650-8750 yuan per ton. In South China, market price was at 8700-8800 yuan per ton. In North China, market price was at 8700-8800 yuan per ton.

Influencing factors and the market trend: crude oil price represents a pattern of shocks through consolidation, domestic pure benzene market witnesses plain negotiations and trading volume, market demand is limited. Market participants expect that the stabilization of domestic pure benzene market will be dominated in near future.

Fibre2fashion, News Desk - China

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