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Benzene prices plunged in Asian market

Benzene prices plunged in Asian market on the back of decline in the price of feedstock Toluene and downstream Styrene Monomer. Moreover, Owing to the golden week Holiday in China also has plunged the prices.

On Wednesday, FOB Korea and CFR China prices of Benzene were assessed at the level of USD 570/mt and USD 575/mt respectively.