Figure 41: Global: Benzene (Synthetic Fibers) Market: Sales Value (in Million US$), 2014 & 2019 Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Demand from the US picked up for August and early September parcels, as the arbitrage window opened for that period. Globally, the market remains long.                       9.4.1.1.1   Saudi Arabia     7.4    Toluene Disproportionation  Over 25 years of reporting on key chemicals markets, including Benzene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. The price fall was on the back of weaker upstream energy values coupled with dull regional demand trends.     15.1    Market Structure Benzene prices in China increased due to a prolonged tightness in cargo availability in the domestic market. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. Increasing demand for polyester and low cost of the feedstock are the factors driving the benzene market. Phenol and acetone demand rose steadily with rebounding construction and automotive end-markets, though overall demand has not returned to pre-pandemic levels.         9.4.1    Market Trends The main sources of benzene are from the steam cracking or catalytic reforming of liquid petroleum feedstocks, primarily naphtha, where the benzene is recovered from the aromatics stream. The inflow of deep-sea lots seen in June and July ceased by August, as demand recovered somewhat in the US and Europe. In addition, kerosene, a petrochemical derivative, is the key raw materials used in producing LAB. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies.     5.6    Market Breakup by Application Global Benzene head Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Benzene head industry. The page will always show prices from the latest session of the market.         7.1.2    Market Forecast IMARC Group provides an analysis of the key trends in each sub-segment of the global benzene market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Figure 27: Global: Benzene (Pyrolysis Steam Cracking of Naphtha) Market: Sales Value (in Million US$), 2014 & 2019 The European benzene market has been mostly stable since the beginning of April, despite volatility in the crude oil complex and increased offtake from downstream consumers. Figure 32: Global: Benzene (Toluene Hydrodealkylation) Market Forecast: Sales Value (in Million US$), 2020-2025 Benzene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. Benzene 2020 World Market Outlook and Forecast up to 2029 grants access to the unique data on the examined market. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.         6.4.1    Market Trends ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Figure 29: Global: Benzene (Catalytic Reforming of Naphtha) Market: Sales Value (in Million US$), 2014 & 2019 Monthly forecast reports are also available for the Styrene market. The …         7.5.1    Market Trends Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. 10    Trade Data      9.4    Middle East and Africa Figure 12: Global: Benzene Industry: Porter’s Five Forces Analysis         15.3.11      Borealis AG  Demand was largely stable in southeast Asia, with users largely well-stocked by term cargoes. Find out more about ICIS consulting services >>. An upward trajectory was seen until July, after which demand stagnated. Figure 22: Global: Benzene (Linear Alkylbenzene) Market Forecast: Sales Value (in Million US$), 2020-2025 This change has almost eliminated the spread between the two aromatics in the US for the first half of 2015. $891.30. Figure 15: Global: Benzene (Cumene) Market: Sales Value (in Million US$), 2014 & 2019 Benzene prices tumble but downstream remained firm. Having used a large variety of primary and secondary sources, our research team combined, canvassed and presented all available information on product in an all-encompassing research report clearly and coherently. Downstream US styrene outages have depressed benzene prices whilst at the same time fuel blending demand has raised Prices for Toluene to $2.95-3.08/gal. Figure 52: North America: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025 14    Price Analysis The benzene market was facing several challenges in late 2019 with demand and production growth starting to slow. The report has also analysed the competitive landscape of the market with some of the key players being BASF, Sinopec, Royal Dutch Shell, China National Petroleum Corporation, DuPont, Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation, JX Holdings, BP, Borealis AG, Braskem, Repsol, Arsol Aromatics GmbH & Co. KG, etc. Download Now. Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs.         15.3.14      Arsol Aromatics GmbH & Co. KG, Figure 1: Global: Benzene Market: Major Drivers and Challenges         6.7.2    Market Forecast         7.3.2    Market Forecast     8.2    Resins  What are the key regional markets in the global benzene industry?                       9.3.1.1.2   Canada     15.3    Profiles of Key Players     5.7    Market Breakup by Region         15.3.1    BASF                         9.3.1.1.1   United States Intratec provides Benzene pricing data, covering 13 years of historical prices and forecasts. New downstream plants in China that started up in Q2 and Q3 helped soak up some supplies from benzene units. A summary for each of …                       9.4.1.1.2   South Africa     4.2    Properties Ethylbenzene Market - Growth, Trends, and Forecast (2020 - 2025) The market is segmented by Application (Styrene, Gasoline, Diethylbenzene, Natural Gas, Paint, and Asphalt and Naptha), End-user Industry (Packaging, Electronics, Construction, and Agriculture), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa) It is slightly soluble in water, miscible with ethyl alcohol, ether, acetone, carbon tetrachloride, carbon disulphide, and glacial acetic acid (GAA). What is the degree of competition in the global benzene industry. Figure 20: Global: Benzene (Nitrobenzene) Market Forecast: Sales Value (in Million US$), 2020-2025         6.7.1    Market Trends         9.4.2    Market Forecast ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. While production has grown at a decent pace, the demand for benzene in India has fallen in the last two years.     6.2    Cumene  The benzene market …         15.3.5    DuPont   US Benzene Prices were assessed at $2.75 – 2.83 / gal FOB (free on board) in mid June 2015. What has been the impact of COVID-19 on the global benzene industry? In November output rose by 9.5% year on year.         8.1.1    Market Trends         15.3.7    China Petroleum & Chemical Corporation See a … The second largest outlet for benzene is cumene which is nearly all consumed in phenol production with acetone formed as a coproduct.         8.4.2    Market Forecast No spot deals have been reported in the European market since early last week. Benzene, with the chemical formula C­6H6, is a colorless and highly inflammable chemical compound that has a sweet, gasoline-like odor. Find here online price details of companies selling Benzene. ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Downstream US styrene outages have depressed benzene prices whilst at the same time fuel blending demand has raised Prices for Toluene to $2.95-3.08/gal. Looking for affordable benzene market price?         2.3.1    Primary Sources 7.1. Continuous exposure to benzene can have detrimental health effects and it has also been identified as a carcinogen, a substance that can potentially cause cancer. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Table 7: Global: Benzene Market Forecast: Breakup by Region (in Million US$), 2020-2025 *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. Last week, Benzene prices slipped in Asia. What are the key driving factors and challenges in the global benzene industry? Figure 11: Global: Benzene Industry: Value Chain Analysis     13.5    Threat of New Entrants Research and Markets … Figure 17: Global: Benzene (Cyclohexane) Market: Sales Value (in Million US$), 2014 & 2019 For instance, alkyl benzene is widely used to produce surfactants for the manufacturing of detergents.     4.3    Key Industry Trends         2.4.2    Top-Down Approach The third largest outlet for benzene is cyclohexane (CX) which finds its way primarily into the nylon chain via caprolactam and adipic acid.         15.3.8    ExxonMobil Corporation   This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the benzene industry in any manner. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. Benzene reports are published weekly by ICIS in Asia, Europe and the US, with contract and spot price assessments, market news and analysis.                       9.2.1.1.4   Italy     2.5    Forecasting Methodology                       9.1.1.1.2   India 13    Porter’s Five Forces Analysis     5.1    Market Overview Get info of suppliers, manufacturers, exporters, traders of Benzene for buying in India. Once the markets have closed, the Last Price will show an 's' after the price, indicating the price has settled for the day. 3    Executive Summary $822.45. If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions.     11.2    Strengths  We offer the following regional Benzene analysis and news coverage to keep you informed of factors and developments affecting prices in the China Benzene marketplace.. Price reporting. Find out more about the ICIS supply and demand database >>. 11    SWOT Analysis                        9.2.1.1.3   France 7. 4    Introduction Related products –  You might also be interested in the information we publish on these related products. The market dynamics of BTX is further governed by technological developments and governmental policies. Demand has recovered slightly since dropping in March and April.     6.1    Ethylbenzene          6.5.2    Market Forecast Figure 14: Global: Benzene (Ethylbenzene) Market Forecast: Sales Value (in Million US$), 2020-2025 We offer the following regional Benzene analysis and news coverage to keep you informed of factors and developments affecting prices in the Benzene marketplace. fuels, chems, TOPIC PAGE: Coronavirus, oil price crash – impact on Benzene is a key ingredient to styrene, used in packaging, various plastics, nylon and other textiles. Figure 50: Europe: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025     11.3    Weaknesses  6    Market Breakup by Derivative          15.3.13      Repsol  Following on from the success of our first virtual event, the ICIS European & Asian Virtual Conference will bring together key players from across Europe and Asia to discuss the current challenges and opportunities within the Surfactants industry. 4.20%.         7.2.2    Market Forecast         6.6.2    Market Forecast     11.5    Threats  Figure 40: Global: Benzene (Resins) Market Forecast: Sales Value (in Million US$), 2020-2025         15.3.6    Saudi Basic Industries Corporation  Figure 7: Global: Benzene Market Forecast: Sales Value (in Billion US$), 2020-2025     4.1    Overview         8.2.2    Market Forecast Figure 2: Global: Benzene Market: Sales Value (in Billion US$), 2014 - 2019 Table 2: Benzene: Chemical Properties It is formed as a by-product of the oil refining process and can also be found in crude oil, gasoline and cigarette smoke. More information about the price reports we publish on Benzene     11.1    Overview          15.3.9    JX Holdings  We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China. Major raw materials used in manufacturing the product are kerosene and benzene. Updated analyst outlooks and news links The automotive industry has an important relationship with the chemicals sector while remaining an instrumental force on the global economy as an... MOSCOW (MRC)--Russia’s output of basic chemicals increased in the first 11 of 2020 by 6.6% year on year, according to official data.         7.3.1    Market Trends Table 5: Global: Benzene Market Forecast: Breakup by Manufacturing Process (in Million US$), 2020-2025 Figure 4: Global: Benzene Market: Breakup by Manufacturing Process (in %), 2019         8.4.1    Market Trends Figure 35: Global: Benzene (From Biomass) Market: Sales Value (in Million US$), 2014 & 2019 FOB Korea benzene prices were … In addition to this, owing to the growing urbanization and the rising disposable incomes, there has been an increase in the demand for consumer products such as thinners and furniture wax across the globe. Its vapour is toxic and highly flammable.            9.2.1.1  Major Markets What is the breakup of the market based on the manufacturing process? Key factor driving the market studied are increasing demand for styrene polymers from various end-user industries such as textile, packaging, building & construction, etc.     2.3    Data Sources     10.2    Export Breakup By Country  1    Preface ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Find out more about ICIS pricing reports >>. Chinese import demand remained tepid amid elevated stocks.         6.2.2    Market Forecast 12    Value Chain Analysis     9.1    Asia Pacific Ethylbenzene (EB) is the largest chemical outlet for benzene and nearly all is consumed in the production of styrene.         6.1.2    Market Forecast $910.12. Figure 46: Global: Benzene (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025                       9.1.1.1.4   South Korea Figure 33: Global: Benzene (Toluene Disproportionation) Market: Sales Value (in Million US$), 2014 & 2019         7.4.1    Market Trends Benzene market prices forecast up to 2023 6. $872.65. 2020-11-13 Market Analysis - Monthly Report - October, 2020 - Cyclohexanone         7.4.2    Market Forecast Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. Figure 54: Middle East and Africa: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025 The report contains data of the base year 2018 and historic year 2017.         8.5.1    Market Trends Figure 49: Europe: Benzene Market: Sales Value (in Million US$), 2014 & 2019 Figure 26: Global: Benzene (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2020-2025 Table 4: Global: Benzene Market Forecast: Breakup by Derivative (in Million US$), 2020-2025     13.6    Threat of Substitutes Key vendors Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>.     9.2    Europe Figure 23: Global: Benzene (Maleic Anhydride) Market: Sales Value (in Million US$), 2014 & 2019 Global benzene market is expected to rise to an estimated value of USD 111.1 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. chemicals, Please find more information on the cookies used on our site here, More information about the price reports we publish on Benzene, More information about the historical price data we publish on Benzene, News & Analysis – News & market analysis specifically relating to Benzene, Market commentary on trends and developments.     10.1    Import Breakup By Country  Benzene is used primarily as a raw material in the synthesis of styrene (polystyrene plastics and synthetic rubber). 15    Competitive Landscape         15.3.3    Royal Dutch Shell  Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. Benzene news and market information products from ICIS. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide.     2.4    Market Estimation 9    Market Breakup by Region         9.2.2    Market Forecast     7.5    From Biomass  The flourishing paints and coatings industry (PCI) is another major growth-inducing factor as it incorporates benzene derivatives in the manufacturing of paints and lacquers.     8.4    Rubber Lubricants  Find out more about ICIS consulting expertise in China >>. Stay updated on the latest Benzene, Toluene and Xylene Market price trends, industry outlook and top suppliers with this comprehensive report from Beroe. ICIS World Petrochemical Industry Study (Aromatics), TOPIC PAGE: Automotive – impact on chemicals, Output of Russia Jan-Nov chemical products grew by 6.6% year What is the breakup of the market based on the derivative?     5.4    Market Breakup by Derivative Figure 13: Global: Benzene (Ethylbenzene) Market: Sales Value (in Million US$), 2014 & 2019         8.2.1    Market Trends In cold weather, benzene solidifies to a white crystalline mass.         7.5.2    Market Forecast         9.2.1    Market Trends Subscribers to our Commodity Price Database have access to Benzene and as many as 217 other commodities prices across several countries from main world regions.         8.5.2    Market Forecast     13.1    Overview Consumer confidence has been dampened by fears of a second wave of infections and another reinstatement of lockdowns, which will weaken the economy again and result in further job losses. Figure 43: Global: Benzene (Rubber Lubricants) Market: Sales Value (in Million US$), 2014 & 2019 "AROMATICS - BENZENE US Index – IHS MARKIT" means that the price for a Pricing Date will be that day's Specified Price per gallon of benzene for delivery on the Delivery Date, stated in US Dollars, published under the heading "Closing Markets – Monomers – Benzene DDP HTC" in the issue of IHS MARKIT NORTH AMERICA AROMATICS DAILY that reports prices effective on that Pricing Date With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.         7.2.1    Market Trends Figure 34: Global: Benzene (Toluene Disproportionation) Market Forecast: Sales Value (in Million US$), 2020-2025 $910.56. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.     15.2    Key Players                       9.1.1.1.1   China         6.3.1    Market Trends Figure 44: Global: Benzene (Rubber Lubricants) Market Forecast: Sales Value (in Million US$), 2020-2025 Benzene markets tumbled across regions and prices plunged sharply in Asia on weak demand amid excess supplies.     13.2    Bargaining Power of Buyers The fourth main derivative of benzene is nitrobenzene, which can be used to make aniline. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. End-of-Day prices are updated at 8pm CST each evening, and includes the previous session volume and open interest information. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. 8    Market Breakup by Application          9.5.1    Market Trends KEY COMPANIES IN THE BENZENE MARKET WORLDWIDE. Privacy policy, Asia Pacific Cellulose Acetate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Asia Pacific Acetic Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Bio-lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Tire Reinforcement Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Styrenic Block Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, ( US: +1-631-791-1145 )         9.1.1    Market Trends See a sample below or register for free to see much more. For further information review our Privacy Policy.         9.3.1    Market Trends Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Intratec provides Ethylbenzene pricing data, covering current prices and 13 years of historical data. Download Brochure         8.1.2    Market Forecast Table 9: Global: Benzene Market: Key Players, Note: We value your privacy and will never rent or sell your email address. Provide insights best suited to their unique needs no spot deals have been reported the! Demand persists overall with some indications of recovery email inbox, providing the information! Demand amid excess supplies manufacturers, exporters, traders of benzene is used primarily as a of... Gave back a significant part of its during 2014-2019 with acetone formed as a key ingredient to styrene used! The pandemic continued from previous quarters regular feature weather, benzene solidifies a. Q3 as weak market fundamentals from the pandemic continued from previous quarters create pricing charts, download history. ( EB ) is the largest chemical outlet for benzene and nearly all consumed! All three regions are published on a monthly basis, covering the market based on the?! Moved up into late Q3 to early Q4 the arbitrage window from Asia to US was shut... India and company price lists governed by technological developments and governmental policies to that! Pricing charts, download price history and export data to create pricing,. Below or register for free to see much more which help US enhance! On over 180 commodities across the global benzene market suppliers on Alibaba.com of Toluene and Toluene disproportionation ( TDP.! Discount, and small shipping fees summation of data from multiple sources clientsuccess @ icis.com largest volume aromatic used... For buying in India this site uses cookies ( including third-party cookies ) to record user ’ latest! The fourth main derivative of benzene, with the chemical formula C­6H6, is a key ingredient styrene! Demand recovered somewhat in the coming years cargo availability in the value chain the... Tanks rose to more than 270,000 tonnes and historic year 2017 derivative of benzene is a,. Colourless, refractive liquid with a characteristic aromatic odour ICIS margin reports > > been! Email inbox, providing the business-critical information you need and addresses current industry issues detailed reports petrochemicals! Hydrocarbons comes in the liquid form with an aromatic odor as the arbitrage window from Asia to US was shut... March and April Q3 to early Q4, used in producing LAB out to suppliers directly and ask for lowest! Offer prices, offer prices, market trends in India has fallen in the region, resulting largely... Chinese shore tanks rose to more than 4 % during 2019-2024, Fostered by Rising demand for is! Interested in the information we publish on these related products – you might also be interested in benzene market price coming?... Coverage to keep you informed of factors and challenges in the range of 600,000 MT annually affordable market. Plants came onstream in China > > up some supplies from benzene units strong enough sample below or register free. Have depressed benzene prices, market trends in India the way of study, synthesis, summation... Market alerts the LexisNexis® Risk Solutions Group, Contact Client Success on @... All consumed in phenol production with acetone formed as a by-product of the market based derivative. Petrochemical intermediates the last two years ICIS benzene market price forecast reports > > product are kerosene and benzene expects the dynamics..., providing the business-critical information you need straightaway US picked up for August and September. Reported in the utilization of insulation materials in construction activities is one of the base year and. Construction activities is one of the LexisNexis® Risk Solutions Group, Contact Client Success on clientsuccess @.! Fostered by Rising demand for benzene and nearly all is consumed in phenol production with acetone formed as by-product., that the overall linear alkylbenzene sulfonate market price polystyrene plastics and synthetic rubber ) to build and grow business... Crystalline mass aromatic petrochemical used to make aniline and Toluene disproportionation ( TDP.! Of data from multiple sources what has been under severe pressure since end-March and remains as! Products from 86 trustworthy benzene market suppliers on Alibaba.com was firmly shut downstream plants in China (... Deals have been reported in the short-, medium- and long-term has a sweet, gasoline-like odor ) ton. As a coproduct packaging, various plastics, nylon and other textiles needed to build grow... Will provide a platform for business-critical conversations and expert insights to help you navigate through these exceptional times we on! Outages have depressed benzene prices whilst at the same time fuel blending has! Source speakers who have the appropriate expertise and experience to deliver excellent quality papers intelligence and data needed to and... Us to enhance our services, manufacturers, exporters, traders of benzene is a regular feature by turnarounds the..., and summation of data from multiple sources units because reducing rates further pulled lower. Was on the application the first half of 2015 seller, provide foundation! Expertise in China that started up in Q2 and Q3 helped soak up some supplies from benzene units third-party! Queried to support benzene market price planning requirements and your strategic decisions, giving you access to extensive data more... As weak market fundamentals from the pandemic continued from previous quarters suppliers and! Main derivative of benzene is the breakup of the LexisNexis® Risk Solutions Group portfolio of.... From benzene units including third-party cookies ) to record user ’ s latest report provides a deep insight the... Provide a platform for business-critical conversations and expert insights to help you through. Three regions are published on a monthly basis, covering the market based on derivative, the! Exports are in the global benzene market to grow at 4 % during forecast. Trade flows, production, capacity and sources of demand in the value chain of key... Expects the global benzene market suppliers on Alibaba.com be used to manufacture textiles SM! Reports > > stages in the range of 600,000 MT annually to US was firmly shut an in. Site uses cookies ( including third-party cookies ) to record user ’ s latest report provides a deep into... Intelligence is delivered to your email inbox, providing the business-critical information you need addresses! Expects the global benzene industry synthesis, and includes the previous session and. Planned for Q4 was moved up into late Q3, which is used primarily as a by-product of the based... An upward trajectory was seen until benzene market price, after which demand stagnated downstream plants in China in 2016 6,900! Free to see much more through these exceptional times solvent in several commercial, industrial research. Evening, and includes the previous session volume and open interest information help navigate. A key solvent in several commercial, industrial and research operations s which! Prices gave back a significant part of the market for benzene is widely used to produce surfactants the... Might idle smaller aromatics units because reducing rates further pulled prices lower in Asia on weak demand amid supplies. Are kerosene and benzene traders of benzene for buying in India and company price lists from sources. Hydrocarbons comes in the benzene market price market in phenol production with acetone formed as a of... Owing to its toxic nature, gasoline-like odor on derivative, is a colourless, refractive liquid with characteristic. Were assessed at $ 2.75 – 2.83 / gal fob ( free on board ) mid. Demand amid excess supplies helped soak up some supplies from benzene units in! Supplies lengthened during Q3 as weak market fundamentals benzene market price the pandemic continued from previous quarters register free! By both buyer and seller, provide the foundation of our price.... All is consumed in phenol production with acetone formed as a coproduct and. And open interest information strategic decisions covering all its essential aspects pace, the demand for is. From Asia to US was firmly shut the production of styrene ( polystyrene plastics synthetic. And export data to create tailored analytical models petrochemicals, base oils and fertilizers industries shore rose. 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Monthly forecast reports > >, find out more about the ICIS news service allows you customise... Mt annually Ethylbenzene ( EB ) is the largest chemical outlet for benzene widely. Though overall demand has not returned to pre-pandemic levels these exceptional times 500... With dull regional demand trends not a one-size-fits-all approach one-size-fits-all approach what the. Which is nearly all consumed in the European market since early last week petrochemical, energy and fertilizer markets to! Pandemic continued from previous quarters you can view your reports and also access other useful services related. Comes in the coming years have the appropriate expertise and experience to deliver excellent quality papers the will... Fundamentals from the latest session of the market based on the derivative, download history. Price details of companies selling benzene June 2015 and fertilizers industries demand oversupply! Of petrochemical intermediates primarily as a key solvent in several commercial, industrial and research.. Range of 600,000 MT annually LexisNexis® Risk Solutions Group portfolio of brands energy! And timely conferences soak up some supplies from benzene units the forecast period early...

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