Product Name: Pure Benzene
Latest price: The average market price on May 22nd was 5935.33 yuan/ton, a decrease of 0.67% from the previous trading day.
Analysis: The price of pure benzene in the domestic market has fallen. International crude oil futures closed lower, and the downstream styrene market declined, affecting confidence in the pure benzene market. Sinopec’s refineries in East and South China have lowered the price of pure benzene by 100 yuan to 6100 yuan/ton, which will be implemented on May 22nd. Shandong’s local refining enterprises have slightly lowered their quotations, and downstream demand for gas is slightly average, resulting in a weak market. It is expected that pure benzene will mainly fluctuate within a certain range in the short term, and actual transactions are subject to negotiation.