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Updated to Q1 2020
Supply could remain constrained by continued off-spec production at the two new plants in southeast Asia. Delays in contract settlements could also result in supply constraints in the first part of the quarter. Otherwise, regional facilities are largely running normally.
Buying interest will likely stay tepid with the Lunar New Year holidays at the end of January capping demand across Asia. However, firm crude oil values amid rising tensions in the Middle East and elevated values in the US could fuel demand for Asia parcels in a potential first quarter spot arbitrage play. Demand for spot in southeast Asia could remain elevated should planned new supplies continue to be delayed.
We offer the following regional Benzene analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Benzene marketplace.
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Benzene is used primarily as a raw material in the synthesis of styrene (polystyrene plastics and synthetic rubber).
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:
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.
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.
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