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Home > News > Paint & Coating News > Introduction to pure benzene: domestic pure benzene market fell on November 20

Introduction to pure benzene: domestic pure benzene market fell on November 20

ECHEMI 2019-11-27

paint

Guide to pure benzene: Yesterday, the domestic pure benzene market reported a decline, because the market operators had doubts about the trade agreement, and had some concerns about the future demand. Crude oil prices fell, inventories increased for four consecutive weeks and Russia refused to expand the pressure of production reduction. New York crude oil fell 3.2% to close at $55.21, and with the decline of the external market, the domestic buying atmosphere slightly weakened. Aftermarket forecast: short term supply is temporarily supported, and the current downstream product profit is low. It is temporarily expected that the short-term pure benzene market will be consolidated within the range.

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