A strong wait-and-watch sentiment was observed in the Chinese benzene market on August 15.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
In East China, benzene was traded in the range of 8800-8900 Yuan/ton on August 15.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
Currently, overseas supply of benzene is continuing to decline and the price difference between imported and domestic benzene has disappeared.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
Moreover, China’s benzene imports have reduced in recent times. There is tight supply in spot market but prices have not increased as buyers show less interest in purchasing at high level.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
The downstream market is cautious about intervening in the market owing to comparatively large speculation risks.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
At present, the overall turnover is flat.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
The listing price of benzene from Sales Branch of Sinopec in East China was 8700 Yuan/ton on August 16. Stock pressure is not high and the company reported stable production and marketing conditions.
A strong wait-and-watch sentiment was observed in the Chinese benzene market on #
Fibre2fashion News Desk - China
marketing@alchempro.com
