Pure benzene market analysis and next week forecast

This week, the oil benzene market price has basically remained flat, although there is a small upswing driven by crude oil, but under the double pressure of high inventory and light demand, the overall range does not exceed 50-100 yuan / ton. After the continuous price cuts in the previous period, the current Sinopec listing price has not been much different from the imported resources.

Next week, crude oil is expected to rebound in consolidation, and the price of pure benzene may rebound. However, the overall range may be limited. In terms of imports, due to the large price difference in the previous period, the follow-up US dollar supply will continue to arrive, and the domestic pure benzene inventory is highly predictable. In addition, the current Asian pure benzene contract price in January is still lower than the US$125/ton drop in December 18, making The domestic price of pure benzene is still rising. On the whole, in the short term, pure benzene or a weak rebound will remain the mainstay.

Benzalkonium chloride