Falling freight rates renew Asia-US benzene arbitrage interest

摘要

Singapore-The benzene arbitrage window between Asia and the US was being looked upon with fresh interest this week as freight rates along the South Korea-US route started dropping below 60/mt,Asian traders and producers said July 13.Spot freight rates for vessels loading in the first half of August for passage to the US,said arbitrage traders,have declined by more than 10/mt from July.