Price dynamics: on June 6, Sinopec Group in North China: Qilu Petrochemical offered 9500 yuan / ton, Shijiazhuang refining and chemical offered 9450 yuan / ton;

East China: Yangzi Petrochemical offers 9500 yuan / ton;

South China: Hainan Refining & Chemical Co., Ltd. offers 9500 yuan / ton;

Central China: Wuhan ethylene offers 9500 yuan / ton, Changling Refining & Chemical offers 9500 yuan / ton;

Others: Dongming Petrochemical quoted 9400 yuan / ton, HSBC Petrochemical quoted 9550 yuan / ton, Weilian chemical quoted 9253 yuan / ton, Xinhai Petrochemical quoted 9400 yuan / ton, and Hongrun Petrochemical quoted 9650 yuan / ton.

Analysis and comments: in terms of crude oil, the market believes that the OPEC production increase plan has a limited impact on the tight supply situation. With the arrival of the peak demand for fuel oil in Europe and the United States and China’s relaxation of restrictions, the global supply is tightened and the expectation of demand growth is continuously strengthened, and the international oil price continues to rise.

Today, Sinopec raised the price of pure benzene by 200 yuan / ton, HSBC raised the price of pure benzene by 200 yuan / ton, Dongming Petrochemical raised the price of pure benzene by 200 yuan / ton, Xinhai Petrochemical raised the price of pure benzene by 300 yuan / ton, Weilian chemical raised the price of pure benzene by 50 yuan / ton, and Hongrun Petrochemical raised the price of pure benzene by 400 yuan / ton.

Crude oil and the external market continued to strengthen, with strong external support. Today, Sinopec raised the price of pure benzene by 200 yuan / ton to 9500 yuan / ton, driving the positive rise of the pure benzene market. Today, the price of pure benzene in China is 9200-9650 yuan / ton.