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US cumene听prices followed their rapid rise in鈥倀he middle of December ****, as FOB Louisiana offers rallied to USD ***/MT for the week ending ** December, up +*.*** (USD **/MT) from the previous week. The latest move further extends its strong **-week uptrend, which signifies the strength of the cumene market, as the **-week moving average is ***.**/MT.
The recent rise in cumene values was underpinned by a short-term rally in benzene鈥俻rices, the main raw material used to produce cumene. Benzene, which had been under pressure for a few鈥倃eeks due to the weak fundamentals of...
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