Japan's JX Nippon settles Dec benzene contract in Asia
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, Japan’s JX Nippon Oil & Energy (JXTG) has settled its December benzene contract at CFR $660/ton, down by $25/ton from its initial nomination and $125/ton lower than the November settlement.
In Asia, spot benzene prices were last reported at around $640/ton on an FOB Korea basis, down by around $100/ton from the beginning of the month.
In Asia, spot benzene prices were last reported at around $640/ton on an FOB Korea basis, down by around $100/ton from the beginning of the month.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Vietnam’s polymer markets buckle under an influx of Chinese cargoes
- Divergence grows between Egypt’s import and local PP, PE markets
- PP markets in China, Vietnam hit 3-year lows, readying to test new lows
- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?
- LDPE prices move below LLDPE, HDPE on global lethargy
- Slide deepens in Middle Eastern PP, PE markets through May
- Oil prices down for fourth straight week, delicate balance ahead
- European ABS under pressure from aggressive imports, PS holds firm
