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Why did the Benzene Price Change in July 2025? U.S. Benzene Spot Prices were relatively flat during Q2 2025, buoyed by consistent local production and muted downstream demand. The Price Index fluctuated around multi-week means as a result of balanced market fundamentals.
After reaching a low of *** U.S. dollars per metric ton in 2020, the global price of benzene increased rapidly over the following two years, before again declining to an average of *** U.S. dollars per metric ton in 2022. Uses of benzene Benzene is one of the most common products in the petrochemical industry, accounting for roughly ** percent of primary petrochemical consumption worldwide. The compound is the simplest aromatic hydrocarbon and it is used widely for the manufacture of organic chemicals with more complex structures. For instance, most of the benzene produced is transformed to ethylbenzene, which is then converted to styrene, and finally, polystyrene. Other important applications include the production of phenol and acetone. Global benzene market The global market volume of benzene amounted to nearly ***** million metric tons in 2022 and it is expected to reach over ** million metric tons by 2023. Regarding the market value of the petrochemical compound, it stood at over ***** billion U.S. dollars in 2022 and is forecast to rise considerably to some ****** billion U.S. dollars. In 2021, South Korea, India, and Thailand were the largest exporters of benzene worldwide.
In 2024, the highest price was recorded in April, reaching ***** U.S. dollars per metric ton, while the lowest price occurred in August and September, standing at *** U.S. dollars per metric ton. Comparing these figures to the same months in previous years, we observe a general increase in prices over time. However, there were notable exceptions, such as November 2023, where the price dropped to *** U.S. dollars per metric ton, lower than the corresponding month in the previous year. Overall, the data indicates both upward and downward price movements, reflecting the dynamic nature of the benzene market during this period.
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Learn about the various factors that influence benzene prices, including feedstock costs, global economic conditions, supply and demand dynamics, government regulations, and geopolitical factors.
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Gasoline rose to 2.03 USD/Gal on September 26, 2025, up 1.03% from the previous day. Over the past month, Gasoline's price has risen 2.97%, and is up 3.63% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on September of 2025.
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Track Benzene Industrial Grade prices (USD/MT) YoY, EX-Works China, with 2025 forecasts amid crude oil volatility and petrochemical demand shifts.
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In February 2025, the average benzene import price amounted to $1,099 per ton, growing by 7.3% against the previous month.
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During Q1 2025, benzene prices in North America experienced a mix of volatility and downward pressure, shaped by fluctuating crude oil and naphtha prices, soft demand in key sectors, and broader economic uncertainties. January began with relative stability as production resumed post-holiday, with prices briefly rising to USD 918/MT FOB Louisiana amid improved operational activity. However, weak downstream demand from polymers, aromatics, and solvents, alongside cost-sensitive market sentiment, limited any sustained gains.
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Get the latest insights on price movement and trend analysis of Linear Alkyl Benzene (LAB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Graph and download economic data for Producer Price Index by Industry: Petrochemical Manufacturing: Aromatics (Benzene, Toluene, Xylene, etc.), Made in Petrochemical Plants (PCU3251103251101) from May 1983 to Dec 2013 about plant, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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Explore the multifaceted factors influencing benzene prices, including crude oil fluctuations, supply-demand dynamics, geopolitical events, and environmental regulations, and their impact on the chemical industry's economic trends.
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Why did the Linear Alkyl Benzene (LAB) Price Change in July 2025? The Linear Alkyl Benzene (LAB) Price in the U.S. increased by 2% quarter-over-quarter in Q2 2025, contributing to a rise in the Price Index.
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Nitrobenzene prices in the U.S. trended downward throughout Q1 2025, reflecting a continued imbalance between weak demand and steady production. The market faced persistent pressure as sluggish consumption from downstream sectors like aniline, dyes, and rubber chemicals coincided with inflation-driven feedstock volatility and broader macroeconomic uncertainty. Production in the U.S. remained stable, but rising energy costs, freight disruptions, and labor-related cost inflation added strain to producer margins.
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Why did the Nitro Chloro benzene Price Change in July 2025? The Nitro Chloro Benzene (NCB) Price Index in the U.S. held steady during Q2 2025, as stable benzene feedstock trends (flat spot levels and uninterrupted refinery reformate output) kept production costs manageable.
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Why did the Nitro Benzene Price Change in July 2025? The Nitrobenzene Price Index in the U.S. remained stable through Q2 2025, despite a 9 day weather-related slowdown at BASF’s Louisiana facility. Gulf Coast production operated normally otherwise, ensuring balanced regional supply.
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Explore the intricate dynamics influencing benzene pricing, a key industrial chemical, amidst fluctuating global economic and geopolitical factors. Understand how supply-demand balances, crude oil costs, regulatory policies, and pandemic-induced supply chain disruptions impact benzene's market volatility.
This dataset contains the predicted prices of Benzene for the upcoming years based on user-defined projections.
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Get the latest insights on price movement and trend analysis of Heavy Alkyl Benzene (HAB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Gasoline Prices in France increased to 2.05 USD/Liter in August from 2.03 USD/Liter in July of 2025. This dataset provides the latest reported value for - France Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Gasoline Prices in Kenya decreased to 1.43 USD/Liter in August from 1.44 USD/Liter in July of 2025. This dataset provides - Kenya Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Why did the Benzene Price Change in July 2025? U.S. Benzene Spot Prices were relatively flat during Q2 2025, buoyed by consistent local production and muted downstream demand. The Price Index fluctuated around multi-week means as a result of balanced market fundamentals.