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The market is under pressure, with negotiation levels trending downward.
Published on 2026-10-23
Today's Summary
① Sinopec refineries in East, South, and Central China have lowered their pure benzene prices by 200 yuan/ton to 10,600 yuan/ton, effective October 16.
Sinopec’s 200 yuan/ton benzene cut to 10,600 signals softening downstream demand. With negotiation levels trending down, refiners face margin pressure as capacity utilization struggles against weak spot markets. This do..
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