From August 13 to August 20, 2021, the market price of crude benzene increased from 6021 yuan / ton at the beginning of the week to 6321 yuan / ton at the weekend, with a weekly increase of 4.98%.

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. The price of Sinopec’s pure benzene was stable this week.

In terms of supply, due to the impact of high raw coal prices and tight supply, coking enterprises this week are expected to increase passive production restriction, low crude benzene inventory of coking enterprises, tight supply in the near future, strong price support psychology of enterprises, supporting the upward bidding price this week, including an increase of 300 yuan / ton in Shandong and an implementation of 6320 yuan / ton. Downstream, pure benzene rebounded slightly after falling this week, but the trend of crude oil and downstream styrene was weak, the hydrobenzene market was under pressure, and the market price increased slightly by 50-100 yuan / ton this week. The profit of benzene hydrogenation enterprises has declined recently. Under the pressure of cost, the operating rate has declined slightly recently, especially in the north.

In the future, the business community believes that at present, there are frequent negative and positive factors on the fundamentals, and the trend of crude oil is weak, 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 trend of shock in the short term.