Benzene Markets Trend Lower as Refiners Reassess Supply Strategies

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Tracking the Energy Complex

As Brent and WTI crude fell sharply, the cost-push pressure on aromatics eased. However, physical inventory at major US and European hubs remains at near-record lows, preventing a total price collapse.

Gasoline Blending Outlook

While the panic has subsided, the fundamental need for high-octane gasoline blendstocks remains. Refiners are still holding onto aromatic molecules, keeping the chemical merchant market relatively starved.