SunSirs: The Domestic Benzene Market Temporarily Stabilized and Consolidated on January 21st
January 22 2025 09:13:41 SunSirs (John)
Product Name: Benzene
Latest price: On January 21st, the average market price was 7,519.67 RMB/ton
Analysis review
On January 21st, the domestic benzene market temporarily stabilized and consolidated. Sinopec's refineries in East and South China had stable prices for benzene, with a price of 7,500 RMB/ton. During the Spring Festival, Shandong's local refining enterprises mainly focus on stocking up and raising prices. Overall, the confidence in the benzene market was still acceptable.
Market outlook
The Spring Festival holiday is approaching, and it is expected that the benzene market will stabilize in the short term. Actual transactions are subject to negotiation.
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