ICIS offers a wide range of short-to-long term information solutions for the fast-moving benzene industry.
Updated to Q2 2019
Supply is expected to increase in the second quarter with a number of downstream styrene monomer (SM) and phenol plants having maintenance shutdowns from March to June. A new benzene unit in China and another in southeast Asia are slated to come on stream in the second quarter as well which will add to the availability in the region.
Demand is expected to improve in the second quarter as manufacturing activities in the key Chinese market typically kick into a higher gear after a slow first quarter. Stimulus measures by the Chinese government to spur the economy could also lift demand to some degree during the second quarter. The value added tax for manufacturing will be reduce to 13% from the current 16% sometime in Q2 2019.
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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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.
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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The 3rd ICIS Indian Surfactants Conference returns this October to Mumbai. With exclusive networking opportunities allowing you to engage in business discussions with existing and new industry contacts, a high-level speaker line-up providing you with important insights into the future of surfactants and industry-focused sessions highlighting the various market scenarios, this annual conference is an event you would not want to miss.