Asian Benzene Prices Surge on Demand

Asian Benzene: Prices firm up amid bullishness in aromatics complex / Benzene, styrene futures contracts hit trading limit / Singapore’s Aster declares FM on styrene monomer shipments / Sinopec raises listed price for the fifth time in March

Jun 03, 2026

Asian benzene $31/mt higher day over day at $967.67/mt FOB Korea March 6, tracking the bullishness in the aromatics complex. The front-month ICE Brent futures contract rose $1.70/b day over day to $85.95/b, while the naphtha C+F Japan marker $2/mt higher during the same period at $776.38/mt. During the Market on Close assessment process, no trades were reported. In the FOB Korea market, a bid for the May-December 2026 strip was heard at May-December weekly Mean of Korea flat FOB Korea, followed by an offer for the May-December 2026 strip heard at April-November wMOPK plus $10/mt FOB Korea in the morning trading session. A bid for May loading cargo was heard at a premium of $8/mt against the May wMOPK during the afternoon trading session, with no return offers heard....

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