Price trend
On July 12th, the mainstream quotation range for hydrogenation benzene in the Shandong region was between 6,450 and 6,500 RMB/ton, with an average price of 6,475 RMB/ton, an increase of 100 RMB/ton compared to the previous trading day.
Analysis review
Crude oil was strengthening, crude benzene prices were operating at a high level, and the factory prices of hydrogenated benzene enterprises had all increased this week. With the support of the favorable industrial chain, there was a slight upward trend in the price of hydrogenated benzene in the short term.
Pure benzene: Sinopec quoted 6,400 RMB/ton, Jingbo Petrochemical quoted 6,550 RMB/ton, HSBC Petrochemical quoted 6,300 RMB/ton, Weilian Chemical quoted 6,483 RMB/ton, Xinhai Petrochemical quoted 6,450 RMB/ton, and Hongrun Petrochemical quoted ,6300 RMB/ton.
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