Product Name: Benzene

Latest price: The average market price on March 12th was 7,101.33 RMB/ton, a decrease of 0.65% from the previous trading day.

Analysis review

On the 13th, the domestic benzene market prices continued to decline. The price of benzene has decreased in the external market, and the bearish sentiment within the market continued, resulting in insufficient demand for essential goods. Shandong's local refining enterprises had poor shipments, downstream procurement has lowered prices, and market prices have once again decreased. The East China market followed suit and weakened. Overall, the confidence in the benzene market was weak, and the atmosphere in the market was sluggish.

Market outlook

It is expected that the benzene market will operate weakly in the short term, and actual transactions will be discussed on a case by case basis.

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