This week, the domestic supply of pure benzene remained generally stable, but a decrease in incoming ships to ports, combined with a notable increase in downstream demand due to concentrated pre-holiday stockpiling, led to a sharp rise in the transaction prices of pure benzene, which was further driven up by crude oil prices.
Currently, peace talks between Palestine and Israel are progressing smoothly, and crude oil prices have potential room for decline if no unforeseen circumstances arise. Additionally, with the gradual shutdown of transportation vehicles this week, the circulation of goods will be restricted, potentially causing domestic pure benzene prices to decline from their highs. Specific attention should be paid to changes in policies after Trump takes office.
