IHS Chemical Week

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Benzene opportunity for Asia

4:52 PM MST | December 16, 2013

Benzene prices have soared in Asia but not as quickly as prices in the United States and Europe, says IHS Chemical’s Market Advisory Service: Aromatics Weekly. Between the end of October and the first week of December, Asia’s benzene price increased by $112/m.t., or 9%, the report says. “The United States and European benzene prices rallied by a greater magnitude than the Asian benzene price and are both substantially higher than Asia,” the report adds. “The Asian benzene price has been the lowest of the world benzene prices since the third week of...

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