Asian Benzene Market & Ceasefire Data

Asian Benzene: Prices lower amid decline in upstream markets / Brent futures fall 71 cents/b; naphtha C+F Japan marker down $8.75/mt / Benzene futures fall on weakened sentiment amid US-Iran ceasefire

Jun 02, 2026

Asian benzene $6/mt lower day over day at $1,150/mt FOB Korea on April 10, tracking the decline in upstream markets. The front-month ICE Brent futures contract fell 71 cents/b on the trading session to $97.59/b, while the naphtha C+F Japan marker was $8.75/mt lower at $1,047.75/mt on April 10. During the Market on Close assessment process, one trade was reported. Tricon sold a May loading FOB Korea cargo to GS Caltex at $1,164/mt. In floating price discussions, a trade for June-loading cargo was heard at a premium of $34/mt against the May weekly Mean of Korea (WMOPK) during the afternoon trading session. In the CFR China market, a bid for August arrival was heard at a premium of $50/mt against the August WMOPK for a 6,000 mt cargo, with the...

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