Last week, under the positive macroeconomic conditions, market participation enthusiasm increased, driving a general rise in bulk commodities. Coupled with the initial boost from styrene, the price of pure benzene rebounded significantly. Downstream buyers were active in purchasing, and factories had no inventory pressure.
Currently, the supply and demand situation remains weak. However, driven by multiple favorable factors, pure benzene still has room for growth. It is necessary to pay attention to the sustainability of the macroeconomic benefits and the impact of geopolitical changes on crude oil.
