SunSirs: The Price Performance of Benzene in the Domestic Market Remained Deadlocked on December 5th
December 06 2024 09:07:24 SunSirs (John)
Product Name: Benzene
Latest price: On December 5th, the average market price was 7,636.33 RMB/ton, a decrease of 0.09% from the previous trading day.
Analysis review
On December 5th, the price performance of benzene in the domestic market in Japan remained stagnant, and the trading atmosphere on the exchange was still acceptable. Sinopec's refineries in East and South China had stable prices for benzene, with a price of 7,500 RMB/ton. Shandong's local refining industry focused on stability, with some companies experiencing slight price reductions and average low-priced shipments on site. International crude oil futures have fallen, affecting confidence in the benzene market.
Market outlook
It is expected that the benzene market will consolidate to be stable and stable in the short term, with actual transactions subject to negotiation.
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