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China's benzene market to remain firm in Aug

Author: CCFGroup.com     Time: Jul 18 2019 10:02AM

China's benzene market moved to the upside since June on improved fundamentals as well as rising crude oil prices. East China benzene receded to 5,410yuan/mt Wednesday due to decline in crude oil prices, after standing at the highest level within 2019 of 5,520yuan/mt Monday. The price accessed on Monday was about 31% higher than four-year low of 4,200yuan/mt and 24% higher than 4,450yuan/mt from early June. ...
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[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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