17 February 2009 10:25 [Source: ICIS news]
SINGAPORE (ICIS news)--Asian benzene spot prices have fallen $20/tonne during trading due to a slide in crude values and a slowdown in demand from China, traders said on Tuesday.
Prices fell to levels of $425-435/tonne FOB (free on board) ?xml:namespace>
A deal was reported at $430/tonne FOB
A decline in crude values on Tuesday to $36/bbl, along with the overall depressed economic conditions, were exerting pressure on benzene prices, said a trader.
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