Benzene still going strong

摘要

The question on everyone's lips last week was: how long can benzene's bull run continue? The market defies logic;fundamentals are no longer working,' said Bert de Guzman,from the consultancy DeWitt & Co.Benzene producers were jubilant.Prices surged by a spectacular USUS90/tonne to USUS1120/tonne fob Korea in a week despite there being an excess supply of benzene in Asia and the US.'I do not know where the strength is coming from,' said de Guzman.'It is like a pyramid game,and it is bound to collapse eventually.