There is tight supply in China’s domestic benzene market due to some plants shutting down their operations, which, in turn, is leading to a rise in prices.
There is tight supply in China's domestic benzene market due to some #
Market transactions for benzene are in the range of 10,000-10,100 Yuan/ton in East China and North China, while the transactions are in the range of 9,650-9,800 Yuan/ton in South China.
There is tight supply in China's domestic benzene market due to some #
Meanwhile, the ex-factory price of benzene at East China branch of Sinopec is 9,800 Yuan/ton. There is less inventory pressure and sales are stable.
There is tight supply in China's domestic benzene market due to some #
The demand for benzene is expected to increase significantly as raw material inventory of downstream manufacturers has gradually decreased.
There is tight supply in China's domestic benzene market due to some #
Hence, in near future, domestic benzene market in China is likely to operate at higher level, with price variations being in a narrow range.
There is tight supply in China's domestic benzene market due to some #
Fibre2fashion News Desk - China
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