Global Benzene Price Surge: Indian Market Impact

European Benzene & Styrene: Prices rise on trading uptick, crude strength / Benzene strengthens on first day of CP trading window / 1,000 mt styrene deal concluded at $865/mt for Oct

Jun 06, 2026

The European benzene and styrene markets strengthened Oct. 24 amid increased trading activity. Benzene trading surged on the first day of the contract pre-settlement trading window, with over 40 deals concluded, according to a trader. Competitive bid-offer ranges for November laycans were heard at $685-$705/metric ton for Nov. 1-10, $680-$700/mt for Nov. 1-15, and $665-$685/mt for any November dates, leading to a backwardated structure within the month. Despite the heightened activity, demand and supply fundamentals remained stable both day over day and week over week. Price increases were driven by strength in the upstream crude complex. Dated Brent crude prices rose approximately 7.6% week over week to $65.53/barrel on Oct. 24. benzene for delivery five to 30 days forward at $682/mt CIF ARA, up $6/mt day over day, based on...

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