Product Name: Pure Benzene
Latest price: On October 16th, the average market price was 5478.67 yuan/ton
Analysis: The market price of pure benzene fell today. The continuous decline in crude oil prices has led to a lack of confidence in the pure benzene market. Sinopec’s refineries in East and South China have lowered the price of pure benzene by 100 yuan to 5650 yuan/ton, which will be implemented on October 14th. Shandong’s local refining enterprises continue to lower their quotations, with active shipments from cargo holders being the main focus. Overall, the downstream demand for purchasing gas is somewhat average. It is expected that pure benzene will fluctuate steadily in the short term, and actual transactions are subject to negotiation.