ICIS offers a wide range of short-to-long term information solutions for the fast-moving benzene industry.
Use ICIS information to:
- Follow price fluctuations and drivers
- Monitor supply/demand dynamics
- Input into your own internal analytical models
- Negotiate contracts using a direct price reference
Benzene news and market information products from ICIS
We offer the following regional Benzene coverage to keep you informed of factors and developments affecting prices in the Asia Benzene marketplace.
Price Reporting – More information about the price reports we publish on Benzene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
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News & analysis
News & Analysis - News & market analysis specifically relating to Benzene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2017
Benzene producers enjoyed good margins in the third quarter and production output was generally high in Asia. However, the Asia-US arbitrage window was largely closed in the third quarter, which resulted in supply mostly staying within Asia. Inventories along the shore tanks have also built up in China as supply remained ample relative to demand. A slowdown in Chinese consumption in late September ahead of the long holidays in early October is expected to cause inventories to build up further.
Consumption of benzene in the third quarter was firm as key downstream sector of styrene monomer (SM) enjoyed good demand and margins. Other sectors like phenol, caprolactam and adipic acid also saw fair demand in the third quarter and helped keep benzene consumption firm. The third quarter manufacturing for exports season in China lifted consumption across many chemicals and resins and had some positive impact on benzene demand. The season usually peaks in September with demand peak coming in during the month as well.
Asia benzene price reports
ICIS publishes daily and weekly price assessments, market news and analyses for the Asian benzene market, all in a single report subscription. Whether you are a buyer, trader or seller, our pricing information gives you access to time-sensitive deals, offers/bids and price movements. Historical pricing data is also available.
Our report coverage includes all of the following:
- FOB (free on board) prices for South Korea and Southeast Asia
- CFR (cost and freight) prices for Northeast Asia, China Main Port and Southeast Asia
- CFR Asia monthly contract prices
The report also covers commentary on the market factors influencing prices, including plant production/shutdown schedules, review of coal and crude-based benzene in the domestic markets as well as an analysis of downstream styrene monomer and upstream crude oil and naphtha markets.
Global benzene supply and demand database
ICIS’s online database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up to 2030 for benzene around the globe. The service combines supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or local perspective.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Benzene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
Asia Benzene Methodology Consultation read more >
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.