On March 12th, the market price of pure benzene increased

Product Name: Pure Benzene
Latest price: On March 12th, the average market price was 8506.67 yuan/ton. The price has increased by 8.55% compared to the previous trading day.
Analysis: The market price of pure benzene has increased today. The international crude oil market prices have risen, with a significant surge after the opening of the Asian session, which has led to an increase in the price of pure benzene in the market. Sinopec’s listing price has been raised by 400 yuan/ton, with an execution of 8400 yuan/ton, to be implemented on March 12th. Shandong local refining enterprises have raised their quotations, with factory prices around 8300-8800 yuan/ton. At present, the progress of geopolitical conflicts in the Middle East remains the primary focus of attention. At the same time, we need to be alert to negative factors. The easing of conflicts may lead to a decline in the geopolitical premium of crude oil, and the pure benzene market still needs to pay more attention to the trend of raw materials.