Product Name: Pure Benzene
Latest price: The average market price on March 3rd was 6620 yuan/ton, an increase of 4.2% compared to the previous trading day.
Analysis: The market price of pure benzene continues to rise today. The continuous escalation of the Middle East conflict and the direct impact on the energy supply side have led to a sharp rise in crude oil futures. There is significant support for pure benzene, which has followed the strong rise in oil prices. Sinopec’s listing price has been significantly increased by 6600 yuan/ton, to be implemented on March 3rd. Shandong’s local refining enterprises saw an increase of around 300 yuan today, with factory prices mostly around 6600-6700 yuan/ton. Sellers are reluctant to sell their goods. It is expected that the pure benzene market will mainly operate strongly in the short term, and actual transactions are subject to negotiation.