Last week, Benzene prices slipped in Asia. The price fall was on the back of weaker upstream energy values coupled with dull regional demand trends.
Bearish downstream SM rates further pulled prices lower in Asia.
FOB Korea benzene prices were at the USD 625-630/mt FOB Korea levels, a week on week fall of USD 10/mt.
CFR China benzene prices were assessed at the USD 605-610/mt levels, a sharp decline of USD 25/mt from the previous week.
Downstream SM prices on Thursday were assessed lower at the USD 845-850/mt FOB Korea levels, a week on week decline of USD 25/mt.