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Home > News > Paint & Coating News > Narrow rise of domestic pure benzene market on December 4

Narrow rise of domestic pure benzene market on December 4

ECHEMI 2019-12-11

ethylene-glycol

Guide to pure benzene: Yesterday, the domestic pure benzene market rose narrowly, because Saudi Arabia intended to promote the expansion of production reduction, the market optimism continued to rise, New York crude oil rose 0.14 to US $56.10/barrel, although the market price was driven by the rise of crude oil and external market, but the profit of downstream related products was poor, limiting the upside space. Future forecast: considering the low inventory of the port and the increase of hydrogenation benzene due to profit parking and maintenance, it is expected that the short-term pure benzene market will be consolidated within the range.

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