China benzene imports rise over four times in May on strong demand

26 June 2012 09:39  [Source: ICIS news]

SINGAPORE (ICIS)--China’s benzene imports in May increased by more than four times to 27,883 tonnes from 6,040 tonnes in April, mainly supported by strong demand, traders said on Tuesday.

The average import price was $841/tonne (€673/tonne), according to data from China Customs.

The breakdown of import destinations showed 43.1% of benzene cargoes arrived in Shanghai, while 36.4% arrived in Nanjing, the data showed.

China exported 2,757 tonnes of benzene in May, an increase of 91% month on month, and at an average price of $937/tonne, according to the data.

The breakdown of export regions showed that 99.6% of benzene were shipped out of Zhanjiang, while 0.4% was exported from Nanjing, the data showed.

Author: Vivian Liu

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