I. Price Trend
According to the Commodity Market Analysis System of Business Society, the market price of pure benzene in Shandong region showed slight fluctuations this week. On Monday, the price of pure benzene was 6,186.67 yuan/ton, and on Friday, it was 6,196.67 yuan/ton, representing a weekly increase of 0.16%.

II. Market Analysis
Pure Benzene: This week, the market price of pure benzene in Shandong region exhibited minor fluctuations. Yesterday, international crude oil futures declined, leading to a bearish sentiment in the pure benzene market. Currently, the chemical sector is performing weakly, which has dampened confidence in the pure benzene market. Overall buying interest in Shandong's local refineries remains subdued, with cautious trading observed. Most Shandong refineries maintained stable prices in today's offers, while the East China market remained weak but stable. This week, Sinopec raised its price by 200 yuan/ton to 5,500 yuan/ton. Downstream performance is as follows:

III. Future Outlook
Crude Oil Futures: On February 5, international crude oil futures declined. The settlement price for the March contract of U.S. WTI crude oil futures was $63.29 per barrel, down by $1.85 or 2.8%. The settlement price for the April contract of Brent crude oil futures was $67.55 per barrel, down by $1.91 or 2.8%.

Overseas Pure Benzene: On February 5, overseas pure benzene prices: FOB Korea decreased by $4 to $776/ton, CFR China decreased by $5 to $776/ton. FOB Rotterdam decreased by $6 to $888/ton, while FOB USG remained stable at 289 cents/gallon.

Comprehensive Forecast: In the short term, the pure benzene market is expected to fluctuate with cautious trading. Market participants are advised to monitor developments in cost and demand factors. Continued attention should be paid to the trends in crude oil and overseas markets, as well as the dynamics of pure benzene and downstream facilities, along with changes in demand, which will impact pure benzene prices.