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

AddThis Social Bookmark Button

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.

Printer Friendly