Benzene The global benzene market was highly volatile during 2002 tracking the move of crude oil feedstock.


Benzene
The global benzene market was highly volatile during 2002 tracking the move of crude oil feedstock. The upturn in the US market early in 2002 lead to a restoration of global prices from the historic graves of the previous year.
After a dreadful 2001 with prices dropping to values of 70 cent/gal watch-pocket USG in December, both numbers and margins recruited starting 2002 at 75 cent/gal and ending the year at $1.38/gal.
January and February this year traded unruffled higher, on the back of further market upheavals caused at the political uncertainties in the Middle



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