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SunSirs: On September 25th, Domestic Benzene Prices Continued to Decline
September 26 2024 09:04:14SunSirs(John)

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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