Product name: benzene

Latest price: The average market price on May 22 was 5935.33 RMB/ton, down 0.67% from the previous trading day.

Analysis: The domestic pure benzene market price fell. International crude oil futures closed lower, and the downstream styrene market went down, affecting the confidence of the pure benzene market. Sinopec's pure benzene refineries in East China and South China reduced the price of pure benzene by 100 RMB to 6100 RMB/ton, effective on May 22. Shandong local refineries' quotations were slightly lowered, and the downstream rigid demand buying momentum was slightly average, and the market was weak.

It is expected that pure benzene will fluctuate in the range in the short term, and the actual transaction will be negotiated on a case-by-case basis.

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