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Asian Benzene: Prices rise tracking strength in naphtha, domestic China markets  / Naphtha rises $3.75/mt, domestic China marker rises Yuan 73/mt  / Jan-Dec 2026 FOB Korea strip discussed

Asian Benzene: Prices rise tracking strength in naphtha, domestic China markets / Naphtha rises $3.75/mt, domestic China marker rises Yuan 73/mt / Jan-Dec 2026 FOB Korea strip discussed

Jun 12, 2026

Asian benzene was assessed $4.33/mt higher on the session at $717/mt FOB Korea Sept. 5, amid stronger naphtha and domestic China markets. Upstream, the front-month ICE Brent futures fell 30 cents/b to $66.76/b as of the Asian close Sept. 5, while the C+F Japan naphtha marker rose $3.75/mt day over day to $596.25/mt. During the Market on Close assessment process, no trades were reported. Discussions in the domestic China market moved higher in midafternoon trade Sept. 5, tracking downstream styrene monomer. The domestic East China marker was assessed Yuan 73/mt higher day over day at Yuan 5,938/mt, equating to $725/mt on an import-parity basis. In the FOB Korea markets, early cues of term contract discussions emerged, with bids and offers for a January- December strip of cargoes seen during the...

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