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Asian benzene market brief
Announcer:asd  Posted on:2016/8/17 16:24:12  CTR:475
  Asian benzene market sentiment in the doldrums, prices fell, although the United States rose 8 cents on Monday, benzene, 374 cents / gallon. In early trading, in March the period of pure benzene delivery offer and offer prices were 1030 US dollars / ton and 1,050 US dollars / ton. As the recent Asian benzene has been exported to the US market, so the market for US contract settlement price concerns. Crude oil prices fell, Asian stock markets fell, the Bank of China to tighten credit policies, further suppress the market sentiment. Afternoon, the market delivery plate were $ 1,000 / ton, $ 1,025 / ton, a single benzene in March turnover of 1010 US dollars / ton FOB Korea, Trammochem sold to Vitol. As the Asian benzene supply balance problem lasted longer, the current market structure has become negative. FOB Korea pure benzene benchmark prices fell 26.50 US dollars / ton to 1006.50 US dollars / ton. China benzene spot market prices hovering in the 8100-8200 yuan / ton, the transaction is not active. SK Energy 2009 fourth-quarter profit of 54.8 million US dollars petrochemical products / ton, last year due to poor demand in China, a loss of 140 billion. Japan, in 2009 the production of benzene by raw material supply and operating rate is not high impact, production fell 7% to 425 million tons / year.