Benzene Price Index

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 October 2025

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: In Northeast Asia, benzene prices eased slightly as downstream demand from styrene and phenol production softened. Adequate supply from regional crackers kept inventories stable, while export activity provided limited support. The benzene price index reflected restrained buying interest from polymer and resin manufacturers, with production costs stable due to consistent feedstock naphtha availability. Overall, balanced supply-demand dynamics prevented sharper price corrections despite the bearish sentiment.

Europe: In Europe, benzene prices declined sharply as weak industrial demand and subdued automotive and construction activity curtailed procurement. High stock levels combined with lower derivative consumption, particularly in styrene and caprolactam, weighed heavily on the market. The benzene price index signaled significant downward momentum as imports increased competition, while falling feedstock prices compounded bearish conditions. Producer margins came under pressure, leading to a pronounced drop in regional price trends.

India: In India, benzene prices registered a moderate decline amid weaker demand from downstream resin and adhesive industries. Domestic supply levels remained steady, but limited export opportunities restricted market support. The benzene price index highlighted cautious procurement strategies by industrial buyers, while reduced momentum in textile and construction-related derivatives further pressured the market. Although crude oil fluctuations influenced production costs, demand-side weakness drove overall bearishness.

South America: In South America, benzene prices rose sharply, supported by strong demand from petrochemical derivatives such as styrene and phenol. Supply constraints in certain distribution hubs further amplified the upward movement. The benzene price index reflected increased industrial procurement, with downstream manufacturers actively replenishing inventories. Seasonal demand strength, coupled with limited import alternatives, bolstered pricing momentum and created a firm market environment across the region this quarter.

Middle East: In the Middle East, benzene prices dropped steeply as excess regional supply outpaced lackluster downstream demand. Abundant feedstock availability from refineries and weak consumption from resin and plastics industries contributed to oversupply. The benzene price index showed a clear downward trajectory as limited export opportunities failed to absorb surplus volumes. Buyers remained cautious, further undermining market confidence and reinforcing bearish pricing conditions.

Southeast Asia: In Southeast Asia, benzene prices moved marginally lower as demand from downstream derivatives remained subdued. Balanced domestic production ensured stable supply, while exports to external markets failed to generate sufficient upward traction. The benzene price index pointed to steady but muted activity in end-use applications such as packaging and textiles. Overall, the market witnessed stable fundamentals, though weak buying interest prevented meaningful recovery.

North America: In North America, benzene prices decreased as seasonal demand from styrene and resin industries weakened. Domestic supply was steady, but downstream consumption failed to provide sufficient support. The benzene price index indicated lower momentum across industrial applications, with reduced automotive and packaging sector demand adding pressure. Import competition further reinforced the bearish tone, leaving regional producers with limited pricing flexibility.

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 is driven by rising consumption of benzene in petrochemical derivatives such as styrene, cumene, and cyclohexane, alongside expanding applications in plastics, resins, and synthetic fibers, which continue to underpin long-term global demand.

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.
   
• September 2024: Tamilnadu Petroproducts Ltd. announced plans to expand its Linear Alkyl Benzene (LAB) and Caustic Soda plants with an investment of INR 405 Crore by FY26. This expansion, increasing LAB capacity to 145 TPA, will boost production, enhancing India's Benzene segment growth and capacity.
   
• 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 tons-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 and one of the most important petrochemical building blocks. It is a colorless, volatile, and highly flammable liquid with a sweet odor. Industrially, benzene is primarily produced through catalytic reforming, toluene hydrodealkylation, and steam cracking of hydrocarbons. Its chemical structure, featuring a stable ring of six carbon atoms, makes it a fundamental precursor in organic chemistry. Benzene is extensively used in the production of styrene, phenol, aniline, cumene, and cyclohexane, which serve as intermediates for plastics, synthetic fibers, detergents, and resins. Despite its industrial significance, benzene is classified as a hazardous substance due to its toxicity and carcinogenicity, requiring stringent handling and regulatory compliance.

Report Coverage

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.