Weakness in crude futures amid robust benzene supply in Asia will continue to exert pressure on regional prices of the aromatics product in the near-term. As per ICIS, a near 5% fall in crude prices tto US$73/bbl overnight, shook the market in Asia on Friday, sending benzene prices crashing down by US$30-40/ton to US$915-930/ton FOB Korea at midday.
For more details on Downward pressure on benzene price to continue in Asia click here
Thursday, February 11, 2010
Downward pressure on benzene price to continue in Asia
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment