Domestic Pure Benzene Market Stable and Weak on August 5

Pure Benzene Introduction: Yesterday, the domestic pure benzene market was stable and weak, dragged down by the decline of hydrobenzene and local refining, Sinopec's listed price dropped by 100 CNY/ton, crude oil prices plunged, external prices fell, the Fed pigeon interest rate cut disappointed the short dollar, and the strong rebound of the dollar put pressure on oil prices, Ben Zhou considers that the Asian-American arbitrage window is still open, and he continues to pay attention to the changes in price differentials between Korea and China. Future Market Forecast: Focus on downstream demand, the Sino-US trade negotiations are not ideal, the market anti-drop sentiment is heavy, pay close attention to the implementation of Asian-American arbitrage, and predict the short-term pure benzene market range consolidation.