benzene

" Benzene prices often fluctuate in volatile fashion, week to week, in response to anticipated supply and demand, as well as crude oil and gasoline prices. As the spot benzene supplies were tight, the international offers being down could hardly change the firm situation of China domestic market. China domestic market was quiet and most traders were with no spot goods. In January 2007, most domestic traders were looking around. The market negotiations were sparse and deals were few. A fraction of downstream users were seeking goods in the market, and there were almost no dealing. E-China, N-China and S-China spot mainstream price was firmed at Yuan9,200-9,300/mt, and some of the offers were made at Yuan9,400/mt. But if the international crude oil went down, the price gap would gradually be reduced between China domestic and international offers, to restrain the benzene export. "