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Benzene Prices Move up

2011-1-10

After losing $17/mt Wednesday, Asian benzene price gained $11/mt to $1051/mt FOB Korea Thursday as NYMEX crude oil futures jumped at 0830 GMT. Meanwhile, NWE benzene price moved up $15/mt to $1162/mt FOB Rdam due to the rebound in crude futures late Wednesday and continued firmness in the US Gulf Coast market.

source:CCFGroup

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