Pure benzene market in China is lacking upward momentum and limited trading is seen in recent days.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
Although there is a gradual increase in supply, demand from downstream buyers remains flat and domestic market is witnessing a strong wait-and-see sentiment.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
At present, market transactions are in the range of 10,100-10,150 yuan/ton in East China, 9,850-10,000 yuan/ton in South China and 10,000-10,100 yuan/ton in North China.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
Meanwhile, the ex-factory price of benzene from the East China branch of Sinopec is 10,000 yuan/ton, with stable sales and less inventory pressure.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
The ex-factory price of benzene from the PetroChina plant in North China is 10,050 yuan/ton, with production and sales being smooth. However, supply from the factory is tight.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
In short-term, pure benzene market in China is likely to remain range bound or decrease slightly.
Pure benzene market in China is lacking upward momentum and limited trading is seen in #
Fibre2fashion News Desk - China
marketing@alchempro.com
