Benzene Price Trends: Downstream SM Weakness & CPC Tender

Asian Benzene: Prices fall tracking weakness in downstream SM / Term premiums for 2026 expected to be lower than 2025 /Taiwan’s CPC seeks 6,000 mt of benzene for Dec delivery

Jun 06, 2026

Asian benzene $1/mt lower on the session at $675.67/mt FOB Korea on Oct. 24, tracking the decline in the downstream styrene monomer market. the CFR China SM marker down $9/mt day over day at $811.50/mt on Oct. 24. Crude oil futures trimmed earlier gains during midafternoon Asian trading Oct. 24 but remained on track for a weekly advance as markets digested a more than 5% rally spurred by the new US and EU sanctions on Russian energy exports. Upstream, the front-month ICE Brent futures contract rose $1.01/b on the trading session to $66.05/b on Oct. 24. the naphtha C+F Japan marker $8/mt higher over the session at $581.13/mt on Oct. 24. During the Market on Close assessment process, one trade was reported. TotalEnergies bought a December loading FOB Korea cargo...

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