China benzene imports up 24% in Feb on lower import prices

02 April 2013 04:51  [Source: ICIS news]

SINGAPORE (ICIS)--China’s benzene imports in February increased by 24% month on month because of the relatively lower import prices, traders said on Tuesday.

The country imported 59,137 tonnes of benzene in February at an average price of $1,454/tonne (€1,134/tonne) CFR (cost & freight) China, according to data from China Customs and traders.

The prices of benzene imports in January were at an average $1,468/tonne  CFR China, according to the data and traders.

The data showed that 33.9% of benzene cargoes were from South Korea, 25.4% were from Japan and 14.4% from Saudi Arabia.

There were no exports of China-origin benzene in February, according to the data.

($1 = €0.78)

By: Helen Han

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