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Cheaper benzene across markets spells cost deceleration

Related Keywords: Benzene price in asia, Benzene price in Europe, Benzene price in US, caprolactum price in Asia, nylon filament yarn price in China

US spot benzene prices dropped on weaker downstream demand pulling down prices in Asia, Europe and Latin American markets. US spot benzene prices dropped in the week ended 22 August falling below US cents 500 a gallon mark to begin the week and continued to fall later. Asian benzene marker, the FOB Korea was assessed at US$1,318-1,319 a ton, down US$29.50 week on week. US spot prices dropped US cents 19 on the week, assessed at 481.95-482.05 per gallon FOB USG.

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