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The Benzene Prices showcased marginal gain initially, followed by a peak rise by the quarter ending March 2022. Strong buying momentum has led the foundation to bullish demand. Moreover, rising demand for downstream Toluene, Nitrobenzene and Mixed-Xylene influenced the price of Benzene to grow. However, due to the geopolitical tension, the upstream Crude price hike affected the Benzene market globally. In addition, the soaring fuel prices and the disruption in shipment sowing to the Russian invasion of Ukraine led to a delay in trade, impacting the Benzene values.

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