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Prices dip in global benzene markets as supplies grow, crude weakens

Featuring Tim Worledge, Maria Tsay, John Calton and Paul Waine

February 11, 2015 16:48:00 EST (16:41 mins)

Benzene is a key part of the petrochemical industry and building block of modern life, and European, Asian and American markets are finding changes accelerated by a shifting energy complex. Tim Worledge, associate director, agriculture, talks with petrochemical editors Maria Tsay and John Calton, as well as Paul Waine, global director of commodity risk solutions, about how Europe is stuck between the American bulls and Asian bears, the trans-Atlantic supply glut contributing to price drops, and how companies are attempting to mitigate the financial risks of the currently oversupplied markets.

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