Benzene Price Trend India: June 2026 Market Analysis

Asian Benzene: Falls in line with weaker Chinese market / Nov FOB Korea trades $713.50/mt / Contango narrows in FOB Korea, domestic China markets

Jun 08, 2026

Asian benzene prices $6.16/mt lower on the session at $713.17/mt FOB Korea on Sept. 19, tracking the weaker domestic China market. Upstream, ICE Brent front-month futures dropped 68 cents/b to $67.18/b as of the Asian close, while the - C+F Japan naphtha marker fell $2.50/mt to $596.875/mt on the session. During the Market on Close assessment process, GS Caltex was heard to have purchased November FOB Korea from TotalEnergies at $713.50/mt. The contango structure in both FOB Korea and domestic China markets narrowed during the trading session. The October/ November physical spread for FOB Korea narrowed from minus $2/mt in the previous session to minus $1/mt as of the Asian close on Sept. 19, while the November/December spread narrowed from minus $3/mt to minus $2/mt. In domestic China markets, the...

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