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Benzene Monthly Report (202607)

ECHEMI Info 2026-08-03
In July 2026, East China pure benzene averaged CNY 7,664/t, up 4.66% MoM, driven by US-Iran tensions and concentrated maintenance. Port inventory fell to 53,000t (-28.38%), a multi-year low. Output dropped to 1.548mln t (-7.42%), capacity utilization at a record low of 58.08%. Maintenance losses hit historic highs of 578,000t (+62.91%). FOB Korea averaged USD 924/t (+1.65%). For August, supply recovery and weak demand may shift the balance to accumulation. Price forecast: CNY 7,200-8,000/t.

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