28 September 2012 12:02 [Source: ICIS news]
The ACP is on a CFR (cost & freight)
Benzene ACP has been increasing since July on expectations of tightening prompt supply in northeast Asia following the shutdown of JX Nippon Oil and Energy’s Mizushima B refinery in
In October, South Korean SK Energy is planning to shut its Ulsan-based reformers for 30-45 days of turnaround. The reformers have an estimated total benzene capacity of 470,000 tonnes/year.
($1 = €0.77)
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