Product Name: Benzene

Latest price: The average market price on April 24th was 6,252 RMB/ton, a decrease of 0.27% from the previous trading day.

Analysis review

The price of benzene in the domestic market has fallen. International crude oil futures closed lower, and the downstream styrene market declined, affecting confidence in the benzene market. The price of benzene at Sinopec's refineries in East and South China remained stable at 6,200 RMB/ton, which was implemented from April 8th. Shandong's local refining enterprises lowered their quotations, and downstream demand for gas was slightly average, resulting in a bearish market atmosphere.

Market outlook

It is expected that benzene will mainly fluctuate within a certain range in the short term, and actual transactions are subject to negotiation.

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