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BENZENE Asian benzene: Falls $6.33-7.50/mt on weaker upstream  |  Naphtha is $9-10/mt  |  Taiwan's slow demand

BENZENE Asian benzene: Falls $6.33-7.50/mt on weaker upstream | Naphtha is $9-10/mt | Taiwan's slow demand

Sep 24, 2022

BENZENE Asian benzene: Falls $6.33-7.50/mt on weaker
upstream■  Naphtha is $9-10/mt■  Taiwan's slow demandAsian benzene was valued at $6.33-7.50/mt
less on September 23rd, at $901-920/mt FOB Korea. FOB Korea's physical price
negotiations trended lower during the afternoon trade session. An offer was
last heard at $900-920/mt, against an $885-900/mt November loading bid. An H2
October bid, however, was heard at $900-920/mt prior to the Market on Close
assessment process. H2 October-November
FOB Korea spread widened by 2 mt to $6-7/mt. According to market sources, physical CFR China offers were
received at a premium of $40 to $45 per mt FOB Korea due to stronger demand
from China. Upstream, Naphtha Japan C+F
Japan was down $9-10/mt at $672-690/mt on Sept. 23.Asian Benzene Daily Rationale & Exclusions









Asian benzene was valued at $901-920/mt FOB
Korea on September...

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