Price dynamics: on August 1, Sinopec North China: Qilu Petrochemical quoted 8650 yuan / ton, Shijiazhuang refining and chemical quoted 8650 yuan / ton, Tianjin Petrochemical quoted 8650 yuan / ton;
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East China: Yangzi Petrochemical offers 8650 yuan / ton;
South China: Hainan refining and Chemical Co., Ltd. offers 8650 yuan / ton;
Central China: the quotation of Wuhan ethylene is 8650 yuan / ton;
Others: Dongming Petrochemical offers 8950 yuan / ton, Jingbo Petrochemical offers 8850 yuan / ton, HSBC Petrochemical offers 8850 yuan / ton, Weilian chemical offers 8853 yuan / ton, Xinhai Petrochemical offers 8950 yuan / ton, Hongrun Petrochemical offers 8950 yuan / ton.
Analysis and comments: in terms of crude oil, the market focus turned to the opec+ meeting, and there were doubts about opec+’s ability to increase production. The expected tightening of oil supply boosted oil prices.
Today, the price of Sinopec pure benzene was reduced by 200 yuan / ton, Weilian chemical pure benzene was reduced by 50 yuan / ton, Jingbo Petrochemical pure benzene was reduced by 50 yuan / ton, and Xinhai Petrochemical pure benzene was reduced by 50 yuan / ton.
At the end of the month, the filling of empty space in the downstream ends, and the demand for pure benzene weakens; In addition, the market’s expectations for August are weak, and the price of pure benzene may continue to decline. Today, the price of Sinopec pure benzene was reduced by 200 yuan / ton to 8650 yuan / ton. Today, the price of pure benzene in China is 8650-8950 yuan / ton.
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