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  • Benzene hits a floor

    Regular readers of the blog will know that it believes price movements in benzene have great predictive power. This is due to the fact that benzene is one of the oldest of the major chemicals, and has the widest industrial usage. Thus in March , when benzene prices hit a "ceiling", the blog...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-21-2008
  • Benzene drops to naphtha price

    Benzene is an excellent indicator of the outlook for industrial production, and hence for general chemical demand. Thus tonight's ICIS news report that prices for benzene and its naphtha feedstock, are close to parity (around $390/t), tells us just how dire market conditions have become. The blog...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-27-2008
  • Benzene prices hit a ceiling

    Benzene prices may be about to tell us something quite important about future profitability trends for the chemical industry. As the chart shows, benzene has hit a price ceiling at around $1200/t over the past 4 years in European markets. Yet crude has been climbing, from an average $38/bbl in 2004 to...
    Posted to ICIS Blogs (Weblog) by Anonymous on 03-19-2008
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