Asian Benzene: Prices firm amid tight supply / Two MOC trades / Taiwan's CPC buys 6,000 mt of benzene for November delivery

Oct 03, 2026

Asian benzene $7/metric ton higher on the session at $1,178.33/mt FOB Korea on Oct. 2 amid tight supply. Crude oil futures fell during Asian afternoon trading Oct. 2 after settling about 4% higher in the previous session amid fears of an escalation in the Middle East war and the recovery in Persian Gulf oil flows. Upstream, the front-month ICE Brent futures weakened 58 cents/barrel on the trading session to $99.68/b, while the assessed naphtha C+F Japan marker declined $4.50/mt over the session to $909.63/mt on Oct. 2. During the Market on Close assessment process, two trades were reported. BP sold a December loading FOB Korea cargo to TotalEnergies at $1,145/mt. BP sold a November loading FOB Korea cargo to GS Caltex at $1,190/mt. In FOB Korea floating price discussions, an...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.