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SunSirs:hydrogenated benzene market rose slightly this week (from April 1 to April 8)
April 08 2022 14:20:51()

From April 1 to April 8, 2022, the ex factory price of hydrogenated benzene in North China increased slightly, from 8400 RMB/ton last weekend to 8600 RMB/ton this weekend, up 2.38% this week.

Price of main domestic hydrogenated benzene market from April 1 to April 8 (unit: RMB/ ton)

Market April 1 price April 8 price Rise and fall
East China 8400-8500 8500-8550 +75
Shandong region 8150-8250 8300-8400 +150

Summary of price adjustment of Sinopec pure benzene (unit: RMB/ ton)

Date Adjusted price Adjustment range
March 9th 8900 +150
March 14th 8600 -300
March 16th 8200 -400
March 22nd 8400 +200
March 24th 8600 +200

On March 24, 2022, the listing price of Sinopec pure benzene was increased by 200 RMB/ton and 8600 RMB/ton.

Other enterprises: Jincheng Petrochemical offers 8400 RMB/ton, Weilian chemical offers 8503 RMB/ton, Xinhai Petrochemical offers 8450 RMB/ton, and Hongrun Petrochemical offers 8500 RMB/ton.

On April 7, the international crude oil futures market fell slightly. The settlement price of the main contract of WTI crude oil futures in the United States was US $96.03/barrel, down US $0.2; The settlement price of the main contract of Brent crude oil futures was US $100.58/barrel, down US $0.49 or 0.5%. International crude oil futures have fallen three times in a row. Previously, the large-scale release of reserves by consumer countries put pressure on oil prices. In addition, the EU's energy sanctions against Russia are still indecisive, and the tightening of supply is expected to ease slightly.

The trend of crude oil has always been one of the more important factors affecting the pure benzene industrial chain, and the trend of hydrogenated benzene, crude benzene and other products in the industrial chain are greatly affected by crude oil. Crude oil fluctuated downward this week. Affected by the wide decline of crude oil, the focus of the domestic pure benzene Market weakened. In addition, many domestic logistics have been greatly affected recently. At present, the regional price difference of domestic pure benzene is also obvious, and the mainstream quotation range is 8300-8650 RMB/ton. The overall market trading is general, the hydrogenated benzene market fluctuates with a narrow range, and the price rises slightly. Good fundamentals and limited support. Continue to pay attention to the impact of the international crude oil market, the external market, the dynamics of pure benzene and downstream devices, and changes in demand on the price of pure benzene.

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