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SunSirs: The Domestic Benzene Market Price Consolidated to Be Stronger on December 12th

December 13 2024 09:33:15     SunSirs (John)

Product Name: Benzene

Latest price: On December 12th, the average market price was 7,586.33 RMB/ton, an increase of 0.07% compared to the previous trading day.

Analysis review

On December 12th, the domestic benzene market prices were relatively stronger and consolidated, and the trading atmosphere on the market was still acceptable. Shandong's local refining enterprises had controllable inventory, with stability as the main focus. Some enterprises had slightly increased their prices, and the on-site shipment situation was average. International crude oil futures rose, and the overseas price of benzene was relatively stronger, which boosted confidence in the domestic benzene market.

Market outlook

It is expected that the benzene market will consolidate to be strenger in the short term, and actual transactions will be subject to negotiation.

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