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Japan’s JX Nippon announces Sept benzene contract price in Asia

by ChemOrbis Editorial Team -
  • 29/08/2017 (16:05)
Market sources reported that Japan’s largest refiner Nippon Oil & Energy has nominated its benzene contract price at $815/ton CFR Asia, up $70/ton from the August settlement at $745/ton.

Spot benzene prices rose by around $50/ton on the week be reported at around $815-820/ton on FOB Korea basis. The concerns over a possible tightness of supply after Hurricane Harvey that forced many refineries to shut down along the US Gulf Coast paved the way for benzene’s gains.
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