Last week, the operating rate of benzene decreased slightly, mainly concentrated in the negative aspect of petroleum benzene production capacity. East China benzene prices in the absence of new support for a small consolidation, but the downstream styrene non-integration and phenol ketone equipment losses increased, some factories parking, negative expectations, coupled with the geopolitical situation easing news continued to release, crude oil storage space to fall, the support for pure benzene weakened.
Although the current market divergence is large, but still can not prevent the situation of weak operation driven by crude oil, pure benzene weak consolidation this week, need to focus on crude oil and downstream operating rate changes.
