Chemical Updates

Aromatics News as on 18-Jul-26

Jul 18, 2026

Asian Benzene: Prices rise on firmer demand
Sinopec raises east China benzene listed price to Yuan 8,000/mt
US-Iran tensions support crude oil markets
Asian benzene $11/mt higher on the session at $955.33/mt FOB Korea on July 17. During the Market on Close
assessment process, no trades were reported. In CFR China floating price discussions, an offer for December
arrival was heard at a premium of $32/mt against the December weekly Mean of Korea, with no return bids
heard, for a 6,000-mt cargo with Korea or Southeast Asia origin. Benzene prices were broadly supported amid
a widening arbitrage window to send benzene cargoes from South Korea to the US, regional market
participants told. “Blending demand has been extremely strong this year [in the US],” a Northeast Asia-based
source said, adding that...

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