Asian Benzene Update
Benzene prices firm up in Asia
On 14 November 2016 at 11:00
A surge in downstream SM values further pressured prices higher across the Asian region.
On Friday, prices of benzene were up at the USD 685/mt FOB Korea levels, a sharp week on week increase of USD 30/mt.
CFR Taiwan prices of benzene were assessed higher at the USD 690/mt levels, a rise of USD 20/mt on the week.
Firmer downstream SM rates further pushed prices higher in the region.
Downstream SM prices on Friday were at the USD 1180/mt FOB Korea levels, a whopping increase of USD 95/mt from the previous week.
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