Benzene Price Trend and Forecast

Benzene Price Trend Q1 2025

In Q1 2025, the global Benzene market in East Asia, particularly in South Korea, saw a slight decrease in prices, with values reported at USD 886/MT, marking a slight decline of -0.45%. This minor decrease was influenced by steady but stable demand from key sectors like chemicals and automotive, which continue to be major consumers of Benzene.

The market remained relatively balanced as the abundant supply of the product helped stabilize prices. While demand remained consistent, there was no significant upward pressure, resulting in a small reduction in prices.

Benzene Price Trend Q2 2025

According to the PriceWatch, In Q2 2025, Benzene prices (South Korea origin) dropped sharply to USD 733.75 per metric ton, reflecting a steep quarterly decline of -16.8%. The fall was primarily driven by sluggish demand from downstream sectors such as Styrene, Caprolactam, and Engineering Plastics, along with ample supply and cautious buying activity across Asia.

Despite some volatility in global Crude Oil prices partly influenced by tensions in the Middle East and uncertain OPEC+ production cuts the cost support from upstream feedstocks like Naphtha remained limited. South Korean producers maintained high operating rates, leading to inventory buildup at major ports, while key importing regions like China and Taiwan reported muted consumption.

Ongoing geopolitical uncertainty in the Asia-Pacific region further strained export sentiment and shipping reliability. As a result, the quarter ended with a sharply bearish tone, with Benzene markets under continued pressure due to weak fundamentals and broader economic concerns.

Benzene Price Trend Q3 2025

In Q3 2025, the global Benzene market showed mixed pricing trends which were influenced by fluctuating upstream costs, steady downstream demand, and relatively stable production rates.

The market fundamentals remained balanced, with consistent offtake from key sectors such as Resins, Styrene’s, and Synthetic materials.

While seasonal factors and global economic uncertainties impacted short-term sentiment, inventory levels were generally well-managed, preventing any sharp price volatility.

Freight conditions improved across several regions, supported by smoother port operations and better vessel availability, contributing to supply chain stability.

Spot trading remained moderate as contractual volumes dominated procurement activity. Overall, the Benzene market demonstrated resilience with relatively narrow price fluctuations. The outlook remains cautiously stable, with pricing expected to move in line with feedstock trends and broader macroeconomic developments in the coming months.

South Korea: Benzene Export prices FOB Busan, South Korea, Purity: >99% (Industrial Grade).

In Q3 2025, the Benzene prices in South Korea registered a marginal decline of 0.97%, with FOB Busan prices ranging between USD 710-745 per metric ton. The Benzene price trend in South Korea remained largely stable due to consistent domestic demand and balanced refinery throughput.

While upstream costs showed minor fluctuations, market fundamentals were supported by regular offtake from Styrene’s and Resin manufacturers. Export activity stayed moderate, with limited arbitrage opportunities in regional markets. Inventory levels remained adequate throughout the quarter, preventing any sharp swings in price.

The Benzene price in South Korea reflected overall market stability despite slight pressure from global feedstock volatility. In September 2025, Benzene prices in South Korea fell by 2.86%, pressured by sluggish demand from downstream Styrene Monomer and Cumene sectors.

Market participants adopted a cautious buying approach amid weak export activity and fluctuating Crude Oil prices, contributing to the overall bearish sentiment.

India: Benzene Export prices FOB Nhava Sheva, India, Purity: >99% (Industrial Grade).

In Q3 2025, the Benzene prices in India saw a decrease of 1.87%, with FOB Kandla prices observed between USD 820-860 per metric ton. The Benzene price trend in India was influenced by seasonal factors, particularly the monsoon, which led to subdued industrial activity and softer downstream demand.

Stable refinery operations and sufficient feedstock availability ensured no major supply bottlenecks, while sluggish export volumes put additional pressure on domestic pricing.

The Benzene price in India remained on a slight downtrend across the quarter, with market sentiment cautious and buyers taking a wait-and-watch approach due to fluctuating global Crude benchmarks.

In September 2025, Benzene prices in India declined by 1.86% from previous month largely due to reduced demand from derivative markets and cautious procurement among end-users. Ample domestic supply and stable import availability further limited price gains throughout the month.

China: Benzene Domestic prices Ex-Shandong, China, Purity: >99% (Industrial Grade).

According to PriceWatch, in Q3 2025, the Benzene prices in China experienced a drop of 1.27%, with Ex-Shandong values ranging between USD 815-865 per metric ton. The Benzene price trend in China was shaped by steady demand from downstream derivatives, particularly in the plastic and coatings sectors.

Despite refinery maintenance in select regions, the market remained balanced due to consistent domestic output and steady import inflows. Export activities remained resilient despite intermittent logistical disruptions.

Overall, the Benzene price in China maintained a relatively narrow band as buyers and sellers adjusted to shifting feedstock and freight conditions. In September 2025, In China, benzene prices dipped by 1.48% from previous month Weaker downstream operations, particularly in Styrene and Phenol units, along with moderate feedstock demand, kept market fundamentals soft. Additionally, subdued energy values and cautious buying sentiment weighed on overall pricing trends.

USA: Benzene Export prices FOB Houston, USA, Purity: >99% (Industrial Grade).

According to the PriceWatch, in Q3 2025, the Benzene prices in the United States rose by 2.81%, with FOB Houston prices ranging between USD 780-860 per metric ton.

The Benzene price trend in the United States was primarily driven by firm demand from the Styrene and Automotive sectors, along with rising Crude Oil values that impacted upstream costs.

Domestic supply remained tight as export volumes increased, especially to Latin American markets. Refineries operated at high capacity, but strong downstream offtake limited inventory buildup.

As a result, the Benzene price in the United States demonstrated upward momentum throughout the quarter. In September 2025, Benzene prices in the USA dropped by 4.04%, influenced by lower crude oil costs and muted activity in downstream sectors.

Weak demand from the Styrene market and steady domestic inventories led buyers to adopt a wait-and-watch stance, putting further pressure on prices.

Netherlands: Benzene Export prices FOB Rotterdam, Netherlands, Purity: >99% (Industrial Grade).

In Q3 2025, the Benzene prices in the Netherlands posted a mild gain of 1.33%, with FOB Rotterdam prices ranging between USD 655-755 per metric ton. The Benzene price trend in the Netherlands was supported by steady procurement from the automotive and plastics sectors, as well as stable regional trading activity.

Upstream Naphtha prices showed slight volatility, but overall production levels in Northwest Europe remained unaffected. With limited spot cargo availability and consistent contractual volumes, the Benzene price in the Netherlands reflected mild bullish sentiment through the quarter, aligning with broader European petrochemical market trends.

In September 2025, Benzene prices in the Netherlands fell sharply by 7.49%. The downturn was primarily driven by sluggish derivative demand, competitive offers from imports, and overall market oversupply. The weak performance of European chemical markets further amplified the price drop.

Brazil: Benzene Export prices FOB Santos, Brazil, Purity: >99% (Industrial Grade).

In Q3 2025, the Benzene prices in Brazil increased by 1.49%, with FOB Santos prices between USD 700-730 per metric ton. The Benzene price trend in Brazil was shaped by stable demand across packaging and industrial sectors, as well as consistent operations at local refineries.

Import dependency in some regions added upward pressure, especially during weeks of tighter availability. Although global price movements remained mixed, local fundamentals kept the market well-supported.

The Benzene price in Brazil demonstrated modest gains, reflecting both steady consumption and slight cost-push pressure from feedstock and freight rates. In September 2025, Benzene prices in Brazil decreased by 2.01%. The decline stemmed from limited demand from the downstream Styrene and Nylon segments, combined with steady import inflows that kept the local market adequately supplied.

Thailand: Benzene Export prices FOB Laem Chabang, Thailand, Purity: >99% (Industrial Grade).

In Q3 2025, the Benzene prices in Thailand edged up by 1.06%, with FOB Laem Chabang prices in the range of USD 685-735 per metric ton. The Benzene price trend in Thailand benefited from consistent downstream demand, particularly in the Synthetic Fibre and Resin Industries.

Regional trade activity remained firm, with Thailand well-integrated into Southeast Asian petrochemical supply chains. Refinery operations were stable, ensuring sufficient domestic output, while moderate import volumes helped cover demand surges.

The Benzene price in Thailand reflected balanced fundamentals and modest upward momentum, supported by stable end-use consumption. In September 2025, Benzene prices in Thailand fell by 3.11%, amid soft regional demand and subdued trading activity.

Weak downstream consumption and competitive pricing from neighbouring markets contributed to the downward price movement.

Japan: Benzene Import prices CIF Yokohama, Japan, Purity: >99% (Industrial Grade).

According to the PriceWatch, in Q3 2025, Benzene prices in Japan showed slight downward movement amid softened shipping demand and improved vessel availability on the CIF Yokohama route.

The Benzene price trend in Japan was shaped by a stable domestic market, supported by moderate offtake from Styrene’s and resins producers. Market participants reported a steady number of inquiries from end users, although buying momentum remained conservative.

CIF offers from South Korean suppliers stood between USD 758-796 per metric ton, registering a 0.95% decline. Under FOB terms, offers were relatively unchanged, though some sellers provided minor discounts to encourage long-term contracts.

Balanced feedstock supply of Toluene and Reformate also contributed to market stability. In September 2025, Benzene prices in Japan slid by 3.05%. The decline was influenced by weak domestic demand, particularly from the Styrene and Phenol industries, alongside lower crude oil values that dampened overall market sentiment.

Taiwan: Benzene Import prices CIF Kaohsiung, Taiwan, Purity: >99% (Industrial Grade).

In Q3 2025, Benzene prices in Taiwan remained relatively stable, supported by consistent freight operations under CIF Kaohsiung, aided by reduced port congestion and improved container availability.

The Benzene price trend in Taiwan showed mild downward pressure due to limited arbitrage opportunities and steady domestic consumption from Cumene and solvent manufacturers. CIF offers ranged from USD 756-794 per metric ton, reflecting a 0.97% change from the previous quarter.

FOB pricing remained flat, with regional producers maintaining offers to retain competitive positions. The Taiwanese market saw a stable number of inquiries, largely driven by contract-based procurement, keeping the overall market sentiment balanced. In September 2025, Benzene prices in Taiwan dropped by 3.06%, as muted buying interest from downstream sectors and adequate supply levels kept market activity restrained. Lower regional offers further pressured local pricing dynamics.

Germany: Benzene prices in Germany, Purity: >99% (Industrial Grade).

In Q3 2025, Benzene prices in Germany showed a slightly positive trend, supported by declining inland transport costs and stable availability of tank trucks under FD Hamburg terms. The Benzene price trend in Germany was driven by moderate increases in demand from polymer and resin sectors, along with controlled inventory levels. Spot prices moved between USD 695-815 per metric ton, marking a 0.17% quarter-on-quarter increase.

A gradual rise in the number of inquiries from downstream buyers was observed during mid-Q3, though limited trading activity kept movements within a narrow range. FOB offers remained firm as domestic suppliers prioritized supply consistency over volume expansion.

In September 2025, Benzene prices in Germany declined sharply by 6.56%. Reduced demand from downstream chemical producers, heightened competition from lower-priced imports, and weak industrial sentiment across Europe contributed to the notable price fall.

Belgium: Benzene prices in Belgium, Purity: >99% (Industrial Grade).

In Q3 2025, Benzene prices in Belgium experienced a slight decline, supported by stable inland logistics and uninterrupted supply chains under FD Antwerp delivery terms. The Benzene price trend in Belgium softened as downstream demand eased, particularly from the synthetic rubber and engineering plastics sectors. Domestic spot prices were assessed between USD 710-835 per metric ton, reflecting a 0.58% decline over the quarter. FOB offers remained largely unchanged, although some producers provided discounts on bulk orders to clear inventory.

Adequate upstream feedstock availability from Reformate and Pyrolysis gasoline ensured a stable production environment, helping to maintain price stability despite weaker offtake. In September 2025, Benzene prices in Belgium fell by 6.62%, driven by weak demand from downstream Styrene and Phenol sectors. Ample regional supply and competitive import offer further pressured market prices.

Saudi Arabia: Benzene Import prices CIF Jeddah, India, Purity: >99% (Industrial Grade).

According to the PriceWatch, in Q3 2025, Benzene prices in Saudi Arabia saw a sharp decline, driven by lower shipping costs on the CIF Jeddah route due to higher vessel availability and reduced congestion at Indian ports. The Benzene price trend in Saudi Arabia weakened further as Indian demand for imports softened and regional availability improved. CIF offers moved within USD 935-980 per metric ton, reflecting a 3.84% quarterly drop. FOB offers followed the same trend as exporters adjusted pricing to maintain competitiveness.

Despite robust production from local manufacturers, the market faced sluggish inquiries, particularly from Indian buyers affected by inventory overhang and subdued downstream demand. In September 2025, Benzene prices in Saudi Arabia eased by 1.75%, supported by sufficient local supply and moderate demand from derivative industries. Stable export activity and limited fluctuations in feedstock costs kept the market relatively balanced despite the slight decline.

France: Benzene prices in France, Purity: >99% (Industrial Grade).

In Q3 2025, Benzene prices in France declined slightly, influenced by improved logistics performance under FD Le Havre due to fewer disruptions in domestic transport and terminal operations. The Benzene price trend in France was affected by a dip in buying interest from derivative markets, including plasticizers and adhesives. Domestic prices ranged between USD 745-870 per metric ton, showing a 1.57% decline compared to the previous quarter. FOB offers showed minimal fluctuation as producers adopted a wait-and-watch approach amid uncertain European demand.

Sufficient feedstock availability and steady refinery operations kept supply levels firm, preventing any major volatility in pricing. In September 2025, Benzene prices in France fell by 5.28%. The market was influenced by sluggish downstream consumption, particularly in the Resins and Plastics sectors, along with reduced spot activity and weak regional demand across Europe.

Benzene Price Trend Q4 2025

According to Price-Watch™, In Q4 2025, global Benzene prices exhibited varied trends, with most regions recording quarterly changes in the 1-10% range amid ample supplies balancing steady petrochemical demand from tires, polystyrene, and phenolics.

Asian markets faced downward pressures from elevated inventories and competitive exports, while European and US hubs showed greater resilience via robust shipments; select areas achieved modest gains through restocking and logistics support.

Stable refinery throughputs and crude fluctuations shaped dynamics, fostering cautious optimism. Forward projections point to Q1 2026 stabilization, propelled by recovering automotive and infrastructure sectors.

South Korea: Benzene Export prices FOB Busan, South Korea, Grade-Purity: >99% (Industrial Grade)

In Q4 2025, Benzene prices in South Korea experienced downward pressure from subdued petrochemical demand and ample regional supplies. Benzene price trend in South Korea reflected a 7.71% decline compared to Q3, with Busan prices ranged between USD 650-705 per metric ton.

Domestic refineries operated steadily, but Chinese imports eroded margins. Benzene prices in December 2025 increased by 1.33%, driven by strategic year-end restocking and improved logistics.

Tire manufacturing and polystyrene production maintained consistent consumption, countering global oversupply. Upstream crude price fluctuations introduced caution among buyers. Producers enforced operational discipline to protect profitability. Enhanced shipping routes from key origins point to gradual market recovery in early 2026. Balanced dynamics prevail.

India: Benzene Export prices FOB Nhava Sheva, India, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in India demonstrated resilience supported by robust domestic and export demand in rubber and adhesives. Benzene price trend in India achieved a 1.37% rise over Q3, with Kandla prices ranged between USD 800-875 per metric ton for bulk shipments.

Styrene monomer production and port efficiencies bolstered confidence. Benzene prices in December 2025 climbed 3.35%, fuelled by festive restocking and favourable rupee movements. Local refineries upheld strong throughput amid steady automotive plastics uptake.

Importers leveraged arbitrage effectively. End-use sectors like infrastructure projects absorbed volumes steadily. Forward-looking contracts indicate sustained positive momentum. India’s supply-demand balance positions it advantageously for Q1 2026 growth.

China: Benzene Domestically traded prices Ex-Shandong, China, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price trend in China faced headwinds from high domestic stockpiles and tempered downstream activity in phenolics. Benzene price trend in China registered a -9.92% fall from Q3, with Shandong prices ranged between USD 730-830 per metric ton.

Scheduled maintenance reduced capacity utilization, while exports remained competitive. In China, Benzene prices edged up 0.88% in December 2025, on the back of producer output cuts and reviving demand.

Major petrochemical firms focused on high-value chains. Easing regional trade tensions improved logistics flows. Tire and ABS resin sectors steadily cleared inventories. Strategic inventory controls suggest market stabilization on the horizon, with cautious optimism for the new year.

USA: Benzene Export prices FOB Houston, USA, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene prices in USA exhibited firmness amid resilient exports and domestic chemical production. Benzene price trend in USA showed a modest 1.96% dip versus Q3, with Houston prices ranged between USD 750-845 per metric ton. Cumene and European shipments provided key support.

Benzene prices in December 2025 jumped 8.10%, propelled by refinery winter optimizations and holiday buying spikes. Gulf Coast operations benefited from stable weather. Downstream polystyrene and nylon applications saw reliable feedstock.

Geopolitical stability enhanced trader sentiment, narrowing spot premiums. Industry forecasts point to an upward trajectory into 2026, driven by demand revival.

Netherlands: Benzene Export prices FOB Rotterdam, Netherlands, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Netherlands maintained steadiness through balanced European import and trade dynamics. Benzene price trend in Netherlands declined by 2.27% from Q3, with Rotterdam prices ranged between USD 650-755 per metric ton. Middle East parity aligned well with chemical park needs.

However, Benzene prices in December 2025 rose 6.57%, reflecting pre-winter stockpiling and firmer crude benchmarks. Efficient ARA hub logistics facilitated transshipments to inland markets. Coatings and solvents end-uses drove consistent uptake despite automotive pauses.

Producer collaborations prevented spot oversupply. EU sustainability initiatives indirectly boosted interest in premium grades. The outlook remains positive with seasonal demand tailwinds.

Brazil: Benzene Export prices FOB Santos, Brazil, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Brazil contended with currency swings and ongoing petrochemical capacity expansions. Benzene price trend in Brazil eased 3.31% over Q3, with Santos prices ranged between USD 660-715 per metric ton. Export-focused refineries prioritized outflows, balanced by local tire demand.

Benzene prices in December 2025 gained 5.81%, aided by harvest logistics gains and opportunistic buying.New regional capacities moderated pricing aggression. Rubber and resin downstreams ramped steadily.

Freight stabilizations improved importer economics. Market participants anticipate moderated but steady gains ahead, aligned with global patterns and domestic consumption growth.

Thailand: Benzene Export prices FOB Laem Chabang, Thailand, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Thailand softened amid intense regional competition and steady arrivals. Benzene price trend in Thailand dropped -5.97% from Q3, with Laem Chabang prices ranged between USD 660-695 per metric ton. ASEAN electronics feedstock needs offered some counterbalance.

Benzene prices in December 2025 slipped 0.34%, as abundant cargoes limited upside potential. Port handling efficiencies supported distributions to rubber processors. Producers fine-tuned run rates to align with softer phenolics inquiries.

Broader supply chain resilience prevented deeper corrections. Year-end positioning by buyers hints at near-term consolidation and potential rebound signals.

Japan: Benzene Import prices CIF Yokohama from South Korea, Japan, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Japan tracked South Korean softness via key import channels. Benzene price trend in Japan declined 7.60% versus Q3, with Yokohama prices ranged between USD 695-755 per metric ton. Automotive sector recovery sustained healthy volumes. However, Benzene prices in December 2025 improved 1.24%, supported by disciplined sourcing and Yen steadiness.

Refinery optimizations ensured reliable supply. Polystyrene and synthetic fiber demands remained firm amid inventory management. Logistics improvements from Korean suppliers strengthened deal flows. Overall, a steady price trajectory is expected moving forward into 2026.

Taiwan: Benzene Import prices CIF Kaohsiung from South Korea, Taiwan, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Taiwan grappled with oversupply ripples across Asia. Benzene price trend in Taiwan fell 7.5% from Q3, with Kaohsiung prices ranged between USD 695-750 per metric ton. Semiconductor-linked chemicals provided absorption support. Benzene prices in December 2025 rose 0.81%, through controlled and disciplined procurement.

Port throughput efficiencies persisted reliably. Downstream resilience effectively countered broader pressures. Strategic year-end adjustments positioned markets for a positive close, with early signs of stabilization evident.

Germany: Benzene domestically traded prices Hamburg, Germany, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Germany drew strength from central European industrial demand anchors. Benzene price trend in Germany slipped 2.03% over Q3, with Hamburg prices ranged between USD 685-790 per metric ton. Inland chemical hubs drove steady offtake volumes.

However, Benzene prices in December 2025 increased 6.23%, driven by pre-holiday inventory builds. Optimized Rhine logistics enhanced material flows. Specialty applications gained incremental traction. Producer discipline-maintained balance. A stable outlook persists, underpinned by consistent regional consumption patterns and trade efficiencies.

Belgium: Benzene domestically traded prices Antwerp, Belgium, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Belgium closely tracked Rotterdam’s market parity amid efficient regional trades. Benzene price trend in Belgium edged down -2.02% from Q3, with Antwerp prices ranged between USD 710-810 per metric ton.

Strategic export re-routes and transshipment volumes sustained robust activity levels. However, Benzene prices in December 2025 increased 6.05%, bolstered by strong contracting momentum. The ARA hub’s logistical prowess continued to shine brightly.

Industrial end-use resilience was evident across coatings and solvents. Forward market stability appears likely, supported by disciplined supply management and steady European demand anchors. Balanced positioning prevails.

Saudi Arabia: Benzene Import prices CIF Jeddah from India, Saudi Areabia, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in Saudi Arabia thrived on robust Middle East export momentum and production ramps. Benzene price trend in Saudi Arabia advanced 1.60% versus Q3, with Jeddah prices ranged between USD 920-1005 per metric ton. Gulf petrochemical expansions significantly amplified output capacities.

However, Benzene prices in December 2025 climbed 3.62%, riding a pronounced demand surge wave. Mega-infrastructure projects consistently fuelled substantial uptake volumes. Premium market positioning remained firmly intact throughout the period. The growth trajectory continues unabated into Q1 2026, underpinned by sustained regional infrastructure tailwinds and trade advantages.

France: Benzene domestically traded prices Le Havre, France, Grade- Purity: >99% (Industrial Grade)

In Q4 2025, Benzene price in France effectively weathered moderate EU-wide pricing adjustments and supply dynamics. Benzene price trend in France dipped -2.19% from Q3, with Le Havre prices ranged between USD 735-835 per metric ton. Efficient port integrations and inland distributions supported reliable material flows.

However, Benzene prices in December 2025 rose 4.97%, driven by proactive strategic buying initiatives. Downstream sectors like plastics steadied operations amid volatility. Logistics networks proved robust and adaptive overall. Cautious optimism prevails among stakeholders, with balanced consumption patterns and trade efficiencies ensuring continuity into the next quarter.