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Asian Benzene: Prices fall amid weakness in upstream markets / Taiwan’s CPC seeks benzene for Feb delivery / Brent futures fall 38 cents/b DOD / Naphtha C+F Japan marker $4/mt lower DOD

Asian Benzene: Prices fall amid weakness in upstream markets / Taiwan’s CPC seeks benzene for Feb delivery / Brent futures fall 38 cents/b DOD / Naphtha C+F Japan marker $4/mt lower DOD

Jun 04, 2026

Asian benzene $1.66/mt lower day over day at $655.67/mt FOB Korea Dec. 19, amid the decline in upstream markets. Crude oil prices edged lower in midafternoon Asian trading on Dec. 19, as concerns over a global supply surplus outweighed risk of supply disruptions.

Upstream, the front-month ICE Brent futures contract declined 38 cents/b day over day to $59.75/b, while the naphtha C+F Japan marker $4/mt lower during the same period at $530.88/mt.

During the Market on Close assessment process, one trade was reported. GS Caltex bought a February-loading FOB Korea cargo from BP at $659/mt.

In tender news, Taiwan’s CPC has issued a spot tender, seeking one 3,000 mt cargo of benzene for delivery in H1 February. In its previous January spot tender, CPC bought a total of 18,000 mt...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

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