SunSirs: On March 19th, the Price of Benzene in the Domestic Market Fell
March 20 2025 09:10:43 SunSirs (John)
Product Name: Benzene
Latest price: On March 19th, the average market price of benzene was 6,859 RMB/ton.
Analysis review
On March 19th, overall, the domestic benzene market prices fell. The price of benzene in foreign markets has decreased, leading to a decline in international oil prices. Shandong's local refining enterprises' shipments fell short of expectations, with cargo holders actively shipping, while downstream demand for gas was average, resulting in a slight decrease in market prices. The market situation in East China was still good, and there was an active effort to fill the gap.
Market outlook
It is expected that the benzene market will mainly fluctuate within a certain range in the short term, with limited room for downward adjustment. Actual transactions are subject to negotiation.
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