25 January 2013 08:50 [Source: ICIS news]
SINGAPORE (ICIS)--China’s benzene imports in December fell by 17.8% month on month because of higher prices of foreign cargoes compared with domestic benzene price amid relatively weak domestic demand, traders said on Friday.
China imported 64,212 tonnes of benzene in December, at an average price of $1,348/tonne (€1,011/tonne) CFR (cost & freight), according to data from China Customs.
The breakdown of import sources from the data showed that 49.8% of benzene cargoes were from South Korea, while 18.5% of them were from Japan and 13.5% from Thailand.
China exported 4,333 tonnes of benzene in December, an increase of 84 tonnes month on month and at an average price of $978/tonne, (inco terms pls like CFR FOB or what) according to the data.
All benzene exports went to Taiwan, the data showed.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections