Benzene Prices Stabilize Following Temporary Supply Recovery

Refinery Maintenance Impact

Recent refinery outages and planned maintenance cycles have reduced the availability of reformate, a primary source of aromatics. This has tightened the benzene market and allowed producers to push for modest price increases, marking a temporary reversal of the bearish trend seen in early Q3.

Downstream Support and Cautious Buying

Demand from the cumene and styrene sectors has shown a slight uptick, though purchasing remains 'hand-to-mouth.' Traders expect this bullish momentum to be short-lived as refining capacity returns to full utilization in early 2026, likely reintroducing oversupply pressure.