Benzene Futures Fall 490 Yuan/Ton on July 27 as Crude Oil Retreats

According to Jin10 Futures, benzene futures fell to 7,820–7,960 yuan/ton on July 27, down 490 yuan/ton from the previous trading day, as crude oil prices retreated from highs. Trading activity weakened amid downstream losses and declining market sentiment, though some bottom-fishing demand remained. Geopolitical developments, including the U.S.–Iran pause and European crude oil declines, further dampened chemical sector expectations.
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