SunSirs: The Market Price of Benzene Slightly Increased (July 7-11)
July 14 2025 14:12:51 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the market price of benzene rose this week. On Monday, the price of benzene was 5,818.67 RMB/ton, and on Friday, it was 5,878.67 RMB/ton, with a 1.03% increase in price during the week.
Analysis review
Benzene: The market price of benzene slightly increased this week. The buying activity in the distant months was relatively active, with smooth shipments from Shandong's refining industry and a slight upward trend in market transaction prices. As of July 11th, the market was cautious in refining and trading, and industry insiders were mostly observing the macro news situation. Based on the consolidation, the price of benzene in the market was firm.
Market outlook
Crude oil futures: On July 10th, international crude oil futures closed down. The settlement price of the August WTI crude oil futures contract in the United States was $66.57 per barrel, a decrease of $1.81 or 2.6%. The settlement price of Brent crude oil futures for September was $68.64 per barrel, a decrease of $1.55 or 2.2%.
Benzene overseas: FOB Korea rose $4 to $728/ton, CFR China rose $7 to $745/ton. FOB Rotterdam stabilized at $763 per ton, while FOB US Gulf had risen by 4 to 282 cents per gallon.
Overall expectation: benzene prices will remain firm in the short term. Observe the cost and demand side news. Continue to monitor the trends of crude oil and external markets, as well as the impact of changes in benzene and downstream equipment dynamics and demand on the price of benzene.
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- 2025-07-02 SunSirs: Summary of the Trend of Benzene in June (June 1-30)
- 2025-06-30 SunSirs: The Market Price of Benzene Dropped Significantly (June 23-27)
- 2025-06-25 SunSirs: Commodity Intelligence Today (June 25, 2025)
- 2025-06-17 SunSirs: The Market Price of Benzene Rose Significantly (June 6-13)
- 2025-06-10 SunSirs: Benzene Market Prices Rose First and then Fell
