The stable quotation range of Benzol for processing in Jiangsu is about 5830-5840 RMB/ton, up 130 RMB/ton from the last bidding price.
Overall, Benzol demand support still exists, but the recent decline of crude oil has dragged down the market mentality, and the price of hydrogenation benzene has declined, with both negative and positive results. It is expected that crude benzene price will be mainly adjusted in a narrow range. The future market will focus on the impact of the trend of basic products such as crude oil and styrene on the market mentality.
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