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Benzene prices journey northwards in Asia

Petrochemical industry | 08 Dec 2021 08:30 IST | Polymerupdate.com

On Tuesday, benzene prices marched higher in Asia.

The sharp price rise was supported by bullish upstream crude and naphtha values, coupled with stronger demand trends.

FOB Korea benzene prices were assessed at the USD 900-905/mt levels, a sharp day on day increase of USD (+20/mt).

CFR China, benzene prices were at the USD 910-915/mt levels, up USD (+20/mt) from Monday’s assessed levels.

Meanwhile, downstream SM prices on Tuesday were assessed steady at the USD 1045-1050/mt FOB Korea levels.
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