SunSirs :Expected High-level Consolidation of Benzene in East China
January 03 2024 14:50:49Benzene: Yesterday, the overall market negotiations were active, with the main units raising their listed prices. The downstream styrene market continued to rise, and transactions in the East China market were still acceptable. During the holiday season, Shandong Refinery held on to goods waiting for prices to rise. After the holiday, the market was active in buying and a large number of transactions were made. Yesterday night, discussions on benzene in East China fluctuated around 7500 RMB/ton, and it is expected that benzene in East China will consolidate at a high level in the morning.
Downstream factories are actively purchasing goods, and aniline factories are shipping smoothly. Inventory pressure is relatively low, and it is expected that the price of aniline will remain stable and rise slightly. Today, the price of aniline is 10900 RMB/ton, which is relatively stable compared to yesterday's price of aniline.
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