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SunSirs:Domestic market trends of benzene

April 28 2022 08:24:33     

Price dynamics: on April 27, Sinopec

North China: Qilu Petrochemical quoted 8550 RMB/ton, Shijiazhuang refining and chemical quoted 8500 RMB/ton;

East China: Yangzi Petrochemical offers 8550 RMB/ton;

South China: the quotation of Hainan refining and Chemical Co., Ltd. is 8550 RMB/ton;

Central China: Wuhan ethylene offers 8550 RMB/ton, Changling Refining and chemical offers 8550 RMB/ton;

Others: Dongming Petrochemical offers 8450 RMB/ton, HSBC Petrochemical offers 8600 RMB/ton, Jincheng Petrochemical offers 8300 RMB/ton (starting shooting), Weilian chemical offers 8453 RMB/ton, Xinhai Petrochemical offers 8550 RMB/ton, and Hongrun Petrochemical offers 8550 RMB/ton.

Analysis and comments: in terms of crude oil, investors weighed the impact of the epidemic situation and anti epidemic blockade measures in some Asian countries and regions on the prospects of economic growth and energy demand, as well as the expectation of tightening energy supply caused by the Russian Ukrainian war, and the oil price rebounded.

Today, Weilian chemical  benzene increased by 150 RMB/ton; Jincheng Petrochemical reduced the price of  benzene by 80 RMB/ton.

Crude oil rebounded yesterday, and Sinopec's  benzene price increased, which gave good support to the market. After the price of benzene fell in Shandong, the price in Shandong rebounded today. Today, the price of domestic  benzene is 8300-8600 RMB/ton.

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