Benzene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Benzene Price Trend, Index and Forecast
Track real-time and historical benzene prices across global regions. Updated monthly with market insights, drivers, and forecasts.
Benzene Prices August 2025
| Region | Price (USD/KG) | Latest Movement |
|---|---|---|
| Northeast Asia | 0.89 | -1.2% ↓ Down |
| Europe | 0.82 | -9.3% ↓ Down |
| India | 0.84 | -3.6% ↓ Down |
| South America | 0.64 | -12.9% ↓ Down |
| Middle East | 0.98 | Unchanged |
| Southeast Asia | 0.78 | -6.3% ↓ Down |
| North America | 0.86 | 2.5% ↑ Down |
Benzene Price Index (USD/KG):
The chart below highlights monthly benzene prices across different regions.
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Market Overview Q3 Ending September 2025
Northeast Asia: Benzene prices in Northeast Asia edged lower as sluggish demand from the styrene and phenol sectors weighed on offtakes. While feedstock supply from refineries remained steady, softer downstream consumption limited price recovery. Export activity was restrained due to weaker global orders, with the benzene price index reflecting declining spot transactions and muted industrial growth. Market sentiment was cautious as buyers delayed procurement in anticipation of further easing in feedstock costs.
Europe: In Europe, benzene prices saw a pronounced decline, driven by subdued demand in the automotive and construction-related industries. Ample inventories, supported by consistent imports, intensified downward pressure. The benzene price index dropped sharply as oversupply conditions persisted. Additionally, softening derivative markets such as nylon and aniline curtailed producer margins. Competitive pressures from cheaper Asian cargoes further added to bearish sentiment across the region’s market landscape.
India: In India, benzene prices weakened as slower offtakes from the resins and adhesives sectors dampened local demand. Refinery run rates kept supplies abundant, amplifying bearish fundamentals. The benzene price index declined as downstream consumption in both industrial and manufacturing applications softened. Meanwhile, cautious procurement strategies from traders and increased regional competition from imports weighed on domestic pricing dynamics.
South America: In South America, benzene prices experienced the steepest fall among all regions, with the benzene price index reflecting sluggish downstream activity. Declining consumption from the packaging and coatings industries dragged prices lower. Higher inventory levels, coupled with reduced export opportunities, further constrained price stability. Weak industrial performance and subdued end-user procurement exacerbated bearish market conditions throughout this quarter.
Middle East: Benzene prices in the Middle East remained unchanged, as balanced supply-demand conditions stabilized the market. While downstream activity in petrochemicals showed modest signs of recovery, steady refinery production offset potential upward pressure. The benzene price index remained steady as regional demand aligned with available stock levels, and limited external trade fluctuations supported price stability.
Southeast Asia: In Southeast Asia, benzene prices fell due to slowing demand from derivatives such as styrene and caprolactam. Sufficient refinery supply ensured steady availability, while weaker consumption across industrial and export segments exerted pressure on pricing. The benzene price index registered a noticeable decline as buyers opted for minimal spot procurement amid bearish global market signals and soft end-user demand.
North America: In North America, benzene prices rose modestly as resilient demand from the automotive and packaging sectors supported consumption. Supply disruptions in select refinery operations provided additional upward momentum. The benzene price index reflected a mild recovery, with stable industrial activity offsetting weaker trends in certain downstream sectors. Strong domestic procurement, combined with restrained import competition, contributed to the price increase.
Benzene Price Trend, Market Analysis, and News
IMARC's latest publication, “Benzene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the benzene market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of benzene at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed benzene prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting benzene pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Benzene Industry Analysis
The global benzene industry size reached USD 66.15 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 87.83 Billion, at a projected CAGR of 3.04% during 2025-2033. Growth in the benzene market is primarily driven by rising demand in petrochemical derivatives such as styrene, phenol, and cumene, coupled with expanding applications in automotive, construction, and packaging sectors worldwide.
Latest developments in the benzene industry:
- March 2025: ADNOC and OMV merged their polyolefin businesses, Borouge and Borealis, and acquired Nova Chemicals in a USD 13.4 billion deal. The move creates a global petrochemicals powerhouse and strengthens the companies' capabilities in complex benzene-derived value chains.
- March 2023: Saudi Basic Industries Corporation reached a deal with North Huajin Chemical and Panjin Xincheng to start building a refinery and petrochemical complex in China’s Liaoning province. The project was positioned as a significant milestone in China–Saudi cooperation on downstream petrochemicals.
- March 2023: ExxonMobil Corporation launched its long-planned project to increase the capacity of processing light crude oil by 250,000 barrels per day at ExxonMobil Product Solutions Co.’s integrated refining and petrochemicals complex in Beaumont, Texas. The expansion significantly boosted ExxonMobil’s benzene and petrochemical production footprint on the U.S. Gulf Coast.
- December 2022: Sinopec signed a joint venture agreement to collaborate on its 1.2 million tonnes-per-year ethane cracker facility in Tianjin Province, China. The deal paved the way for greater international cooperation in large-scale petrochemical production, including benzene derivatives.
Product Description
Benzene (C₆H₆) is an aromatic hydrocarbon characterized by a ring structure consisting of six carbon atoms bonded with alternating double bonds and six hydrogen atoms. It is a colorless, volatile liquid with a sweet odor and high flammability. Industrially, benzene is produced through catalytic reforming and steam cracking of hydrocarbons. Its chemical stability and solvent properties make it a crucial building block for numerous derivatives. Major applications include the production of styrene for plastics, phenol for resins, nylon intermediates, and cumene for acetone manufacturing. Benzene also finds use in dyes, detergents, and lubricants. Despite its versatility, strict handling guidelines are required due to its toxicity and carcinogenic nature.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Benzene |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Benzene Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of benzene pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting benzene price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The benzene price charts ensure our clients remain at the forefront of the industry.
Key Questions Answered in This Report
The benzene prices in August 2025 were 0.89 USD/Kg in Northeast Asia, 0.82 USD/Kg in Europe, 0.84 USD/Kg in India, 0.64 USD/Kg in South America, 0.98 USD/Kg in Middle East, 0.78 USD/Kg in Southeast Asia, and 0.86 USD/Kg in North America.
The benzene pricing data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for benzene prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
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