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China petrochemical markets experience bullish sentiment, restocking activities following Lunar New Year; PE spot prices up by Yuan 50-100/tonne, phenol prices up Yuan 300-500/tonne, benzene spot value up Yuan 150/tonne following Sinopec list price: ICIS

US styrene contract assessments for February increase due to elevated manufacturing costs; benzene spot prices surge amid limited supply: ICIS

Sinopec increases local benzene list prices by Yuan 150/tonne to Yuan 8,850/tonne on Feb. 19, 2024; new list price has an import parity of US$1,075 /tonne CFR China: ICIS

EPA orders Waste Connections to address harmful odors and hazardous waste from fire at Chiquita Canyon Landfill in California; fire has resulted in spillages of benzene-contaminated water, and landfill closure is not considered an effective solution

ICIS China Petrochemical Price Index for January increased by 1.7% over December amid robust crude prices, pre- Lunar New Year restocking; benzene leads growth, rising more than 12% during the period: ICIS

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