Unit: Yuan/mt

 

Product/Area	E-China	S-China	N-China
Benzene	9,200-9,300	9,400	9,000-9,200
Styrene	12,300-12,400	12,000-12,100	12,000-12,000

 

    Trading activity of benzene was common with prevailing selling target pegged at Yuan 9,100-9,200/mt (ex-tank) in N-China. Market resource was mainly from NW-China and sales were mainly for end-users. Due to bleak deals, partial refined benzene plants shut down.

 

    BZ market appeared plain with thick selling sentiment in E-China. As downstream situation was not good and SM market also stayed at bottom, there was no more opportunity for BZ market. The prevailing negotiation price was mainly pegged around Yuan 9,200/mt, with higher at Yuan 9,400/mt. Most players felt pessimistic to reversed market this month.

 

    Delivery was not improved though the downstream SM market rebounded in S-China. The prevailing negotiation lingered around Yuan 9,400-9,500/mt, with limited spot trades.