Last week, dragged down by the price of the US dollar, East China benzene transaction price sharply back, at the same time, the downstream styrene and phenol ketone equipment losses expanded, resulting in some devices to reduce the burden, the demand weakened for Shandong pure benzene support reduced, the chain in the case of continuous reduction in volume, sharply lower the offer, the north-south arbitrage window closed.
This week, the port to the ship to maintain a high level, coupled with downstream parts of the device still parking, negative expectations, as well as the geopolitical situation improved, crude oil support decline and other factors, is expected to fall in pure benzene space, need to pay attention to downstream capacity changes and crude oil trends.
