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Last week in East China, toluene and xylene as a whole are in a stiff state. At present, toluene inventories have increased, and xylene inventories have decreased slightly. Crude oil is in a wide range of oscillations at this stage, and biphenyl market participation is not strong. Shandong refinery is driven by oil products as a whole, the shipment is relatively smooth, mostly to reduce inventories, and the overall market volatility is limited.

Last week, the supply of petroleum benzene increased, but at the same time, the production of hydrogenated benzene decreased, so the overall supply is still relatively stable. Affected by the Russian-Ukrainian war, crude oil prices gradually rose, which led to a rebound in crude oil futures prices, which is good news for benzene prices.

In the early part of last week, difficulties in scheduling pickups from the main production facility in Central China, coupled with the continuous upward trend in raw material ethanol prices, led to a rebound in ethyl acetate prices.

Although there has been no significant change in the raw material benzene, the acetone market has been weak and declining due to insufficient purchasing power downstream and an increase in inventory at East China ports, resulting in sluggish market transactions.

Last week, the upstream supply of benzene increased slightly, and the supply and demand side was overall stable，The outer disk fell sharply at the beginning of the week, and the outer source of goods entered the domestic. Therefore, the arbitrage space is opened. Port inventories increased slightly. Due to the long-term low consolidation of the benzene market in the early stage, the downstream procurement enthusiasm is not high. However, the downstream centralized replenishment last weekend, promoting the upstrend of market price.

The market of acetic ether tended to be stable at the beginning of last week. On Monday and Tuesday, the premium atmosphere of the main factories in Shandong weakened, and gradually recovered to the previous price range. At present, the raw material side and downstream demand has not changed much, and the market of acetic ether is expected to consolidate in the current range.