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Asian benzene jumps 19% to six-month high on Lotte shutdown

Asian benzene prices surged 19% to six-month highs as Lotte Chemical in South Korea shuts its Daesan cracker indefinitely, with supply constraints across regional refineries, crackers and reformates.

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Asian benzene prices have surged 19% to six-month highs as an indefinite plant shutdown by South Korea's Lotte Chemical comes amid widespread supply constraints across regional refineries, crackers, and reformates, according to OPIS data.The midpoint of the OPIS FOB Korea benzene assessment climbed…