TITLE

Extra plants in Asia to add to benzene boom

AUTHOR(S)
Ong, Chuan; Brice, Andy
PUB. DATE
January 2007
SOURCE
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increasing market demand for benzene in 2007. According to market sources, the growing demand for benzene in Asia will continue to bolster values in 2007, although traders will continue to pay close attention to U.S. benzene prices for Asia-U.S. arbitrage opportunities. Benzene supply remained similarly tight in Asia, with demand expected to grow by 3-5% every year until 2010, exerting upwards pressure on prices.
ACCESSION #
23977585

 

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