This week, the domestic benzene market has been running strong, with many factories in Shandong's local refineries halting production or reducing output. Coupled with the favorable support from downstream demand, the Shandong region has led the domestic market to rise, and the domestic benzene market has remained firm at a high level.
Meanwhile, the strong supply and weak demand of styrene have suppressed the upward movement of benzene. Additionally, the negative impact of the new US policy on crude oil has led to significant differences between bulls and bears in the market. It is expected that the domestic benzene market will consolidate at a relatively strong level this week.
