Aromatics surge up in Asian market – 5 Feb 2015

Asian benzene rose to $666 per mt as on 3rd February2015, up $48 per mt day on day, amid firmer crude oil prices which boosted buying interest for benzene and toluene as well as downstream styrene monomer. Downstream Asian Styrene monomer jumped $23 per mt day on day to $920 per mt FOB Korea and $946 per mt CFR China . @intro_Break@ Upstream Asian toluene surged $28 per mt to $601 per mt FOB Korea Tuesday. Most aromatics were up on firm buying interest amid bullish upstream crude futures. March ICE Brent crude futures rebounded further from a day earlier, up $3.96 per barrel day on day to $55.66 per barrel.

While prevailing,  Aromatic price in Indian market are as follows; Benzene, RIL- Rs 46 per kg and BPCL- Rs 41.14 per kg. Toluene , RIL-50 and BPCL-