How does benzene pricing mechanism affect its market premiums and regional price differentials?

Forecasting benzene prices remains challenging due to its by-product nature. In a supply-constrained environment, producers often struggle to respond promptly to changes in benzene consumption at the country or regional levels. This lag frequently leads to shifting trade positions and increased price volatility. Recent years have seen remarkable phenomena in the global benzene market, rekindling market participants' interest in understanding these shifts. This insight article complements our Global benzene 10-year investment horizon outlook, offering an in-depth analysis of the global benzene pricing mechanism.