Domestic market dynamics of pure benzene on June 13

Price dynamics: on June 13, Sinopec Group in North China: Qilu Petrochemical offered 9950 yuan / ton, and Shijiazhuang Refining & Chemical offered 9900 yuan / ton;

 

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East China: Yangzi Petrochemical offers 10000 yuan / ton;

 

South China: Hainan Refining & Chemical Co., Ltd. offers 10000 yuan / ton;

 

Central China: Wuhan ethylene offers 10000 yuan / ton;

 

Others: Jingbo Petrochemical offers 9950 yuan / ton, HSBC Petrochemical offers 10000 yuan / ton, Weilian chemical offers 9803 yuan / ton, Xinhai Petrochemical offers 10050 yuan / ton, and Hongrun Petrochemical offers 10050 yuan / ton.

 

Analysis and comments: in terms of crude oil, international crude oil futures ended lower on June 10. The settlement price of the main contract of U.S. WTI crude oil futures was $120.67/barrel, down $0.84 or 0.69%; The settlement price of the main contract of Brent crude oil futures was US $122.01/barrel, down US $1.06 or 0.86%.

 

Today, Jingbo Petrochemical reduced the price of pure benzene by 100 yuan / ton, Weilian chemical reduced the price of pure benzene by 200 yuan / ton, and Xinhai Petrochemical reduced the price of pure benzene by 100 yuan / ton.

 

At the end of the pure benzene maintenance period, some downstream units have been shut down for maintenance in succession. The supply is expected to be loose in the later stage, and the downstream demand for high priced pure benzene is reduced. Today, pure benzene fell slightly, and the price of domestic pure benzene was 9800-10050 yuan / ton.

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