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Benzene prices Trend and Forecast - Delhi
Friday, 20 May, 2022
Item details
City:
Delhi
Offer type:
Offer
Item description
The benzene market showcased marginal gain initially, followed by a peak rise by the quarter ending March 2022. Strong buying momentum has led the foundation to bullish demand. Moreover, rising demand for downstream Toluene, Nitrobenzene and Mixed-Xylene influenced the price of Benzene to grow. However, due to the geopolitical tension, the upstream Crude price hike affected the Benzene market globally. In addition, the soaring fuel prices and the disruption in shipments owing to the Russian invasion of Ukraine led to a delay in trade, impacting the Benzene values. Henceforth, the Benzene prices in the USA was observed to settle at USD 1235 per MT for FOB Louisiana.
For more information
websites:- httpswww.chemanalyst.com/Pricing-data/benzene-25
Contact No:- +13322586602
For more information
websites:- httpswww.chemanalyst.com/Pricing-data/benzene-25
Contact No:- +13322586602
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