The price of hydrogenated benzene will fluctuate and rise in September 2020

The commodity index of hydrogenated benzene on September 27 was 36.78, which was the same as yesterday, decreased by 63.94% compared with 102.01 point (2014-01-09), and increased by 22.64% compared with the lowest point of 29.99 on April 07, 2020. (Note: the period refers to December 1, 2013 to now).

 

Sulfamic acid 99.50%

In September 2020, the hydrogenated benzene market will fluctuate upward. The ex factory price in North China will increase by 6.90% from 3117.50 yuan / ton at the beginning of the month to 3332.50 yuan / ton at the end of the month.

 

On August 14, 2020, the price of pure benzene of Qilu Petrochemical (Sinopec North China) will be reduced by 100 yuan / ton, and the price will be 3300 yuan / ton after adjustment. As of September 27, Sinopec’s price has not been adjusted.

 

It can be seen from the price trend chart of hydrogenated benzene in Shandong Province monitored in the above figure that the price of hydrogenated benzene fluctuated greatly this month. At the beginning of the month, the price of hydrogenated benzene rose due to the upward trend of pure benzene price. The downstream demand of pure benzene in North China was better, and the pure benzene enterprises raised their prices one after another. The price of hydrogenated benzene enterprises rose all the way supported by the price of pure benzene. In addition, the price of crude benzene in the upstream rose Under the influence, manufacturers have strong willingness to stand up. The price of pure benzene is relatively high, the downstream profit is limited, and the psychology of resisting high price is strong. The support glue of basic crude oil price is weak. The price of pure benzene begins to fall, and the hydrobenzene market falls. After that, with the shock and recovery of crude oil, the market mentality has improved, and the price of hydrogenated benzene remains temporarily stable. The crude oil price boosted the pure benzene market, and at the beginning of the middle of the year, the market supply of some hydrogenated benzene enterprises was reduced, which further boosted the market price of hydrogenated benzene. As the end of recent months was approaching the long holiday, the market had a certain demand for stock. The price of hydrogenated benzene was mainly fluctuating, with the mainstream range of about 3100-3150 yuan / ton.

 

Sulfamic acid 99.80%

In terms of downstream demand, the unit maintenance is basically completed near the end of the month. It is expected that the demand for pure benzene hydrobenzene will increase slightly in the fourth quarter, and some new production capacity will be put into production, which has certain support for hydrobenzene.

 

Start up of some hydrogenated benzene units in September 2020

 

Enterprise name device status device capacity remarks

Shandong Shengyun chemical shutdown 100000 tons, restart time to be determined

Derun Chemical Co., Ltd. shut down 150000 tons in February

Shandong Jinneng Chemical Co., Ltd. shut down 100000 tons in July

Hebei Jiantao parking 100000 tons in March

100000 tons parking in Baofeng, Ningxia last week

 

On the supply side, the cost pressure of hydrogenated benzene enterprises was still large, and some enterprises stopped. However, with the restart of units near the end of the month, some units will start up after the festival. It is expected that the operating rate of hydrogenated benzene will increase slightly after the festival.

 

In the aftermarket, the business community believed that the preparation of hydrogenated benzene before the festival was basically completed, and the market shock was suck. The crude oil benzene was not strong enough to support the external market. The good support was limited and the market was more emotional.

sulphamic acid