Last week, tensions in the Middle East remained high, leading to continued significant volatility in crude oil prices. Shipments of toluene and xylene arrived at ports towards the end of the month, increasing port inventories. Based on costs, the market conditions remained stable. In Shandong, refinery market prices surged but subsequently fell back, with refineries mainly fulfilling earlier orders, and overall market transactions were moderate.
Last week, domestic petroleum benzene production capacity increased, offsetting the reduction in hydrogenated benzene production, and the production capacity increased slightly. At the same time, the imported goods were concentrated at the port, and the port inventory continued to increase.
Last week, the market trend for ethyl acetate shifted from stable to declining. The primary reason was that market demand did not increase significantly,
The crude oil market continues to experience wide-range fluctuations. The overall trend of toluene and xylene prices in the East China region was first a decline followed by an increase.
The post-holiday restocking atmosphere of ethyl acetate has led to a slight increase in prices, but with the resumption of equipment at the main factories in Shandong,
Benzene continued its downward trend this week. As the subsequent product units of benzene entered the maintenance period, and some units were in a loss-making…
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