Product Name: Benzene
Latest Price: The market average price on January 30 was 6,186.67 yuan/ton, up 1.92% from the previous trading day.
Analysis: Benzene prices rose in the market today. International crude oil futures surged significantly, providing strong support for benzene. Spot benzene market sentiment remains positive, with prices broadly trending upward. Refineries in Shandong continued to raise their quotations, making it difficult to find lower-priced offers in the market. Overall, short-term oil prices are expected to remain influenced by supply disruptions and geopolitical risks, with bullish sentiment likely to persist. Benzene prices are projected to remain firm in the near term, with actual transactions negotiated on a case-by-case basis.
Figure: Benzene Product P-Value Curve Chart (Image Source: Business Society Commodity Analysis System)
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