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Benzene prices in Asia climbed in May on the back of improved demand and rising energy prices. In US, spot benzene prices rose during the month tracking upward movement in crude oil values as well as rising costs for other aromatics products. Europe, benzene prices moved up this month, given rising oil prices and healthy demand. Asian marker, FOB Korea inched up 2.9% in May while US spot prices jumped 0.3% as compared to April. European spot rose 1.5-2% on the month.
