Benzene prices gain in the United States

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On Wednesday, benzene prices trended higher in the US. The price increase was primarily driven by firmer upstream crude values and improved regional demand trends.

Benzene prices were assessed at the 407.00-407.10 cents/gallon FOB US Gulf mark, a rise of ( 5 cents/gallon) from Tuesday's assessed levels.

Downstream SM rates were assessed as stable at the 58.90-59.00 cents/lb FOB US Gulf mark.

Meanwhile, in Asia, benzene prices were assessed at the USD 1000-1010/mt FOB Korea levels on Wednesday, a day-on-day increase of USD ( 15/mt).

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