Benzene Price Trends
Procurement Resource provides latest prices of Benzene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Benzene for several regions around the globe, which are as follows:
- North America
- South America
- Asia Pacific
- Middle East
In appearance, Benzene is a clear, colourless, highly flammable and volatile, liquid aromatic hydrocarbon with a gasoline-like odour Benzene is found in crude oils and as a by-product of oil-refining methods. In industries, benzene is utilised as a solvent, as a chemical intermediate, and is used in the synthesis of numerous chemicals.
Chemical Formula of Benzene:
- 78.11 g/mol
- Synthetic fibres
- Rubber lubricants
- Drugs and pesticides
- Production of Benzene via Catalytic Reforming; and via Toluene Hydrodealkylation.
While producing Benzene using the reformation process, hydrocarbons are boiled with hydrogen gas at very high temperature (somewhere between 60 to 200-degree celsius), which forms hydrocarbon rings and aromatic compounds. The reaction takes place in the presence of a catalyst. These aromatic products are then separated by extraction with the help of solvents, thus, obtaining the desired products.
Procurement Resource also provides the production cost analysis of Benzene.
- Shell Chemicals
- Reliance Industries Limited
- Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical)
- China Petroleum & Chemical Corporation (Sinopec Corp.)
- SynQuest Laboratories (Central Glass Co., LTD.)
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).