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SunSirs: On September 25th, Domestic Benzene Prices Continued to Decline

https://www.chemnet.com   Sep 26,2024 SunSirs

Latest price: On September 25th, the average market price was 8,279.67 RMB/ton.



Analysis review



On the 25th, domestic benzene prices continued to decline, and the atmosphere of on-site negotiations was temporarily average. The international crude oil market was fluctuating, with average support for benzene. The main focus was on destocking of port inventory, but there was a significant accumulation of inventory in the future, and the market mentality was unstable. Shandong's local refineries continued to offer discounts to promote spot sales.



Market outlook



It is expected that the pure benzene market will continue to be weaker in the short term.



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