The bidding price of crude benzene rose slightly this week (from August 6 to August 13)

From August 6 to August 13, 2021, the market price of crude benzene increased slightly, at 6001 yuan / ton at the beginning of the week and 6021 yuan / ton at the end of the week, with a weekly increase of 0.33%.

Thiourea

Summary of price adjustment of Sinopec pure benzene in 2021 (unit: yuan / ton)

Date., adjusted price., adjusted amount

July 2, 8750., + 300

July 12, 8600. – 150

July 19, 8450. – 150

July 21, 8150. – 300

August 2, 7900. – 250

August 4, 7700. – 200

August 9, 7550. – 150

On August 9, 2021, the listing price of Sinopec’s pure benzene was reduced by 150 yuan / ton. At present, it is 7550 yuan / ton, of which Qilu Petrochemical is 7500 yuan / ton.

This week, the trend of crude oil was weak, the external market of pure benzene fell slightly, and the spot market of pure benzene mainly fluctuated, falling first and then rising during the week. Under the influence of bad fundamentals, Sinopec lowered the ex factory price of pure benzene by 150 yuan / ton this week. Downstream benzene hydrogenation enterprises are still based on demand, with limited demand side support. The production of coking enterprises in the main production area is still limited. Due to the difficulties in the supply and procurement of raw materials, the commencement of some mainstream coking enterprises in China has a certain impact, and the supply side is slightly tight.

In the future, the business community believes that at present, there are frequent negative and positive factors on the fundamentals, and the crude oil price fluctuates, which is difficult to form an obvious guide to the market. At present, the downstream demand of the crude benzene industry chain is general and the supply is slightly tight. It is expected that the crude benzene price will still maintain a strong shock trend in the short term.

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