Benzene Europe

The European benzene report is a weekly report that’s published every Friday and is a mixture of spot numbers, so we look at the current month as well as the forward month. We also report the monthly contract price.

It’s a key chemical market that goes into different applications. We speak to buyers, sellers, traders everyone that’s involved really, to get a complete picture of what’s happening in the market.

But it’s not just prices, we also try and gauge sentiment and what’s pulling the market one way or another at any given time. So it could be volatility with crude prices or even the wider economic factors that are happening at the time.

Also we have to look at the different regions, because it’s very much a global market, so we try and see if the material is being pulled in one region or its leaving another.

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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide.  Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Benzene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity.  Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.