Tuesday, March 13, 2012

Benzene prices in Asia fall in line with declining crude

Benzene prices in Asia have fallen by almost US$12/ton as crude oil futures fell while the arbitrage window to the US remained shut. Prices were assessed at US$1189.50/mt FOB Korea, as per Platts. Spoot market activity shifted focus to May-loading cargoes March 7, from June on March 6.

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