Chemical News
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SunSirs: Last Weekend, Buyers of Benzene in East China Market Mainly Waited and Watched
https://www.chemnet.com Mar 28,2023 SunSirs
On March 27, the benchmark price of benzene in SunSirs was 7225.50 RMB/ton, an increase of 1.71% compared with the beginning of this month (7103.83 RMB/ton).
SunSirs analysts believe that last weekend in the East China market, buyers were mainly on the sidelines, while sellers stood up their prices, and the trading atmosphere was stalemate. Some downstream companies in Shandong plan to shut down for maintenance in April, and downstream demand has weakened. However, there are also large-scale refineries whose planned maintenance is about to be implemented. Some downstream companies and traders have turned to wait and see.
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