Asian Benzene Prices Rise on Crude

Asian Benzene: Rises with upstream markets / Crude oil rises $2.38/b, naphtha up $10.50/mt / Limited spot demand in Taiwan

Jun 04, 2026

Asian benzene $5.67/metric ton higher on the session at $670.67/mt FOB Korea Jan. 9 as upstream markets rebounded. The front-month ICE Brent futures contract rose $2.38/b to $62.45/b at the Asia close while the naphtha C+F Japan marker $10.50/mt higher day over day at $551.25/mt. Crude oil prices strengthened in midafternoon Asia trading Jan. 9 amid concerns over potential supply disruptions from Iran, after US President Donald Trump warned of strikes if Iranian authorities kill protesters. There were three trades done during the Market on Close assessment process. TotalEnergies first sold a Marchloading cargo to GS Caltex at $676/mt. GS Caltex bought a February and March-loading cargo each from Gunvor and Glencore at $667/mt and $678/mt, respectively. Term contract discussions were underway, with some progress heard made. A buyer based...

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