Last week, the fundamentals of Benzene did not change much. The market rose due to the crude oil price, but the room for growth was limited due to the impact of downstream demand. The price of petroleum benzene in Shandong refineries rose along with the East China region, and the arbitrage window between the north and south regions was closed.
This week, there will be cargoes arriving at the port, and the port inventory is expected to increase. In addition, the results of the US election have been determined, and the market analysis is bearish. According to the market supply and demand situation, the market price is expected to be weak this week. It is necessary to focus on the impact of the latest national policy adjustments at the 12th meeting on the domestic economy and the changes in the situation in the Middle East.
