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Chemical Week Magazine :: Basic Chemicals & Plastics
Benzene opportunity for Asia
6:19 AM MST | December 13, 2013
Benzene prices have soared in Asia but not as quickly as prices in the United States and Europe, says IHS Chemical‚Äôs Market Advisory Service: Aromatics Weekly. Between the end of October and the first week of December, Asia‚Äôs benzene price increased by $112/m.t., or 9%, the report says. ‚ÄúThe United States and European benzene prices rallied by a greater magnitude than the Asian benzene price and are both substantially higher than Asia,‚ÄĚ the report adds. ‚ÄúThe Asian benzene price has been the lowest of the world benzene prices since the third week of...
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