Product Name: Benzene

Latest Price: Average market price on February 26th was 6,193.33 RMB/ton.

Market Analysis

On February 26th, the benzene market price remained weak and stable. International crude oil futures showed little change. US WTI crude oil futures closed lower, offering little support for benzene, and confidence in the spot market was generally low. Shandong local refineries mostly maintained stable prices, with a clear wait-and-see attitude among buyers.

Market outlook

The benzene market is expected to fluctuate slightly in the short term, with actual transactions negotiated on a case-by-case basis.

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