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Home > News > Paint & Coating News > Introduction to Pure Benzene: Domestic Pure Benzene Market Rises on August 7

Introduction to Pure Benzene: Domestic Pure Benzene Market Rises on August 7

ECHEMI 2019-08-14

 

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Pure Benzene Introduction: Yesterday, domestic pure benzene Market rose, demand prospects continued to depress crude oil futures prices. Influenced by the escalation of Sino-US trade friction, crude oil in New York fell 1.9% to $53.63, a month-and-a-half low, Brent crude oil fell 1.4% to $58.97, a new seven-month record. Low. Global risky assets have suffered a major setback, and the current Asian-American arbitrage space is maintained. However, the uncertainty of the peripheral market and the weak performance of downstream terminal demand. Future market forecast: due to the port inventory remains low and Sinopec quotation has not been adjusted, resulting in a rebound in the market, the short-term pure benzene market range is expected to be vulnerable shocks.

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