International oil prices rose sharply for two consecutive trading days. On December 7, WTI crude oil futures in the United States continued to rise, with the settlement price of the main contract at US $72.05/barrel, up US $2.56 or 3.7%, and the settlement price of Brent crude oil futures at US $75.44/barrel, up US $2.36 or 3.2%. Last week, oil prices plummeted due to panic over the mutant virus Omicron. At present, the market’s concerns about the impact of Omicron on global demand have been further alleviated; In addition, the U.S. – Iran nuclear negotiations have encountered obstacles, and it is unlikely that Iranian oil will return to the market in the near future, which provides support for oil prices.

Crude oil rebounded sharply, giving a good boost to related commodities. In terms of pure benzene, the lower reaches of Shandong were bargain hunting, the enterprise shipped better, and the price rebounded to around 6300 yuan / ton. On Tuesday, Shanxi datu River auctioned 4960 yuan / ton, setting the tone of slight fluctuation in the bidding price of crude benzene this week.

In the future market, the business society believes that the downstream hydrobenzene enterprises have low profits, low enterprise operation, slow demand for crude benzene, tight supply of crude benzene recently, and weak balance between overall supply and demand. The bidding price is expected to be slightly adjusted this week.