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Home > News > Market Flash > On October 17, the domestic pure benzene market was consolidated

On October 17, the domestic pure benzene market was consolidated

ECHEMI 2019-10-23

PVC

Yesterday, the domestic pure benzene market was consolidated. Due to the weak global crude oil demand prospect, the downward pressure on the oil price was brought, and Sinopec's listing price was reduced by 150 CNY/ton. However, economic concerns may cause OPEC to cut production. Crude oil in New York rose 1% to close at $53.36 from down to up, while crude oil prices fell. Future forecast: due to the slow recovery of terminal, the external factors are still uncertain, and it is expected that the short-term pure benzene market is weak within the range.

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