processing...

Blog Details

Asian Benzene: Weaker upstream weigh on prices  / Crude oil falls 98 cents/b, naphtha falls below $600/mt  / South Korea exports 89,600 mt of benzene Sep 1-10

Asian Benzene: Weaker upstream weigh on prices / Crude oil falls 98 cents/b, naphtha falls below $600/mt / South Korea exports 89,600 mt of benzene Sep 1-10

Jun 09, 2026

Asian benzene was assessed $3.33/mt lower in the session at $713.67/mt FOB Korea on Sept. 12, tracking weakness in upstream markets. Upstream, the front-month ICE Brent futures fell 98 cents/b to $66.27/b as of the Asian close. The C+F Japan naphtha marker fell $5.50/mt to $598.50/mt on the session. No trades were reported during the Market on Close assessment process. Much of the session’s trading interest focused on November loadings for the FOB Korea market, seen from the narrow bid-ask spread of $2/mt as of the Asian close. The sharpest bid came from GS Caltex at $716/mt, while the sharpest offer came from TotalEnergies at $718/mt. Market sources estimate that South Korea exported 92,600 mt of benzene in the first 10 days of September, of which 91,500 mt headed to...

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.

Login to Continue