Core Viewpoint - The main focus of the articles is the recent decline in benzene futures prices, with expectations of continued weak performance in the market due to supply and demand dynamics. Group 1: Market Performance - On October 31, benzene futures experienced a decline, with the main contract dropping to a low of 5430.0 yuan and closing at 5477.0 yuan, reflecting a decrease of 0.71% [1] - The short-term outlook for benzene futures (BZ2603) is expected to be volatile, with a projected trading range between 5400 and 5600 yuan [2] Group 2: Supply and Demand Dynamics - Domestic benzene production has decreased due to lower operating rates in the downstream industry, while inventory levels have returned to neutral [2] - The supply of benzene is expected to remain high, with an increase in imports and ongoing operational adjustments in production facilities [3] - The fourth quarter is anticipated to maintain a surplus in benzene supply, with downstream demand not sufficiently absorbing the high levels of supply, leading to a continued weak market outlook [3]
四季度仍维持累库格局 纯苯期货盘面预计偏弱运行
Jin Tou Wang·2025-10-31 06:08