Introduction to Pure Benzene: Domestic Pure Benzene Market Rises on Aug. 19

Pure Benzene Introduction: Yesterday, the domestic pure benzene Market rose, affected by the delayed imposition of tariffs by the peripheral US side and the impact of Typhoon "Lichma" on installations and shipments in some parts of Shandong Province. However, due to the decline in inventory at the port and the favorable implementation of Asian-American arbitrage, the depreciation or restriction of RMB was also considered. In the import negotiations, the continued decline in port inventory has supported the market, focusing on downstream demand. Future market forecast: slow growth of the peripheral global economy leads to weak demand or restrictions on oil prices. It is expected that the domestic pure benzene market will maintain strong operation in the short term.