Product Name: Pure Benzene

Latest price: The average market price on May 28th was 5792 yuan/ton, a decrease of 0.63% from the previous trading day.
Analysis: The price of pure benzene in the domestic market has fallen. The decline in the styrene futures market has affected confidence in the pure benzene market. Sinopec’s refineries in East and South China have lowered the price of pure benzene by 150 yuan to 5950 yuan/ton, which will be implemented on May 27th. Shandong’s local refining enterprises have slightly lowered their quotations, and downstream demand for gas is slightly average, resulting in light transactions. Overall, it is necessary to pay attention to the long-term accumulation of terminal inventory. It is expected that pure benzene will mainly fluctuate and consolidate in the short term, and actual transactions will be discussed on a case by case basis.