SunSirs: Benzol will be Stable and Weak in the Market Outlook
May 24 2023 10:18:37On May 22, the benchmark price of benzol in SunSirs was 5601.25 RMB/ton, which was -6.67% lower than that at the beginning of this month (6001.25 RMB/ton).
The benzol market is mainly down this week, but the range of downturns varies in different places. The auction price in Shandong this week is 5,600 RMB/ton, which is 150 RMB/ton lower than last week. The decline in Shanxi this week is relatively small, and the mainstream implementation is 5500-5550 RMB/ton, which is 10-50 RMB/ton lower than last week's bidding price.
On the supply side, the supply is still relatively loose this week. On the demand side, the overall performance of the industry chain market has not been good recently. The operating rate of downstream enterprises has declined, and the market outlook is expected to be weak.
On the whole, crude oil has fluctuated recently, benzene has weakened, and downstream demand is expected to be weak. In terms of market outlook, SunSirs expects that the price of benzol will be stable and weak in the market outlook.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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- 2023-02-17 SunSirs: On February 16, the Bidding Ｐrice of Benzol in Shanxi Rosese
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