South Korea's Benzene Exports to Hit Record $2.2B With Rising Supplies to China and Japan
Dec 22, 2021
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From January-October 2021, South Korea supplied abroad 2.0M tons of benzene, which was 10% more than in the same period a year earlier. Due to rising prices, exports in value terms spiked more than twofold, reaching $1.8B. Most of the increment was provided by expanded supplies to China and Japan. By the end of this year, the total value of benzene exported from Korea could exceed $2.2B, setting a new record.