ChemAnalyst Data Pvt Ltd

The global   benzene market   exhibited a mixed pricing trend in recent quarters, shaped by a confluence of factors including downstream demand from derivative markets, raw material availability, and regional production dynamics. Benzene, an essential aromatic hydrocarbon, is a critical feedstock for producing various chemicals such as styrene, phenol, cyclohexane, and aniline. Its price trajectory in 2025 has been notably volatile due to fluctuating crude oil values, shifting trade flows, and ongoing maintenance turnarounds at several petrochemical complexes. In North America, benzene prices observed a gradual upward movement through Q2 2025, primarily driven by higher demand from styrene monomer producers and tightening inventories. The average FOB USG benzene price edged higher, bolstered by constrained supply amid strong export interest and a rally in naphtha and crude oil benchmarks. However, periodic moderation in demand from downstream derivatives, particularly polystyr...

  Benzene is a key component in the global chemical industry, and its pricing trends are influenced by several dynamic factors. As a hydrocarbon, benzene is widely used in the production of plastics, resins, synthetic fibers, rubber, lubricants, dyes, detergents, and pharmaceuticals. The price of benzene has a significant impact on various industries and markets, making it crucial for manufacturers, suppliers, and investors to closely monitor its fluctuations. Benzene prices  are primarily driven by crude oil prices since benzene is derived from petroleum. The relationship between crude oil prices and benzene is quite strong because benzene is obtained as a byproduct in the refining process. Therefore, any change in global oil prices, whether due to geopolitical tensions, supply chain disruptions, or OPEC policies, tends to have a direct effect on the price of benzene. When oil prices rise, the cost of benzene production increases, leading to higher market prices. Conversely, ...