Source of picture: Wikipedia
Because benzene has so many end-uses it’s widely seen as a pretty good barometer for the overall health of the industry.
As C6 led the recovery last time are recent declines a sign of another broad-based retreat?
See the slide below:
Or is it more the problems we highlighted earlier in the week that are specific to the aromatics and fibre-intermediate chains?
PX and PTA have also been on the retreat of late.
Before winding up for the weekend, see this report from the New York Times.
More later……