04 June 2012 04:59 [Source: ICIS news]
SINGAPORE (ICIS)--Benzene prices in ?xml:namespace>
Prices were assessed at $980-990/tonne FOB (free on board)
Bids for July-loading benzene were heard at $960-970/tonne FOB
The benzene market may not have seen the bottom yet, and any further downside depends on crude and naphtha futures, said a Singapore-based trader.
Benzene prices have shed $200-205/tonne, representing a 17% decline, from 1 May, according to ICIS.
($1 = €0.81)
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