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Sinopec East South Central China cuts benzene price by RMB 400/t to RMB 9,600/t
Published on 2026-11-03
Today’s Summary
① Sinopec refineries in East, South, and Central China have lowered their pure benzene prices by RMB 400 per ton to RMB 9,600 per ton, effective November 3.
Sinopec’s RMB 400 cut to 9,600 yuan/ton signals weak downstream demand. With capacity utilization likely pressured, margin compression is inevitable for styrene and phenol producers relying on this feedstock.
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