NewsFlashAsia benzene jumps to two-week high on SM, crude rally

10 July 2013 05:36  [Source: ICIS news]

eks SINGAPORE (ICIS)--Spot benzene prices in Asia rose to a two-week high on Wednesday, driven by recent spikes in energy and downstream styrene monomer (SM) values, market players said.

At midday, July and August cargoes were assessed at $1,223-1,225/tonne FOB (free on board) Korea, up $40-43/tonne or 3.4-3.6% jump from 3 July, according to ICIS.


Author: Ong Sheau Ling



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