On June 19, crude benzene commodity index was 45.26, down 2.19 points from yesterday, 65.67% from 131.84 (2013-01-28), and 48.20% from 30.54, the lowest point on April 8, 2020. (Note: cycle refers to 2011-09-01 to now).
| ferric sulfate (Poly ferric sulphate) |
From June 15 to 19, 2020, the weekly crude benzene Market in Japan recovered. The factory price in North China was 3101.67 yuan / ton at the beginning of the week, and 2890 yuan / ton at the end of the week, down 6.82% on a weekly basis.
Summary of Sinopec pure benzene price adjustment in June 2020
Price adjustment amount after date increase unit: yuan / ton
June 5 3600 + 100 yuan / ton
June 10 3700 + 100 yuan / ton
June 15, 3600-100 yuan / ton
June 19, 3550-50 yuan / ton
| Azodicarbonamide (AC foaming Agent) |
This week, the price of crude benzene in China was basically adjusted back to the level at the beginning of the month. This week, Sinopec North China lowered the price of pure benzene twice in a row, with a cumulative reduction of 150 yuan / ton. Now, the price is 3550 yuan / ton. The external market of pure benzene also continued to decline this week, which affected the overall mentality of crude benzene market. In addition, after the price of crude benzene was increased on November 11, the cost pressure of downstream hydrogenated benzene enterprises increased, and the crude resistance to high prices was heavy, the market mentality was poor, the bearish atmosphere was strong, and the receiving situation was not good. Crude benzene fundamentals bear pressure. On Thursday, the bidding price of crude benzene in Shandong Province was 2885 yuan / ton, 215 yuan / ton lower than last week.
This week’s coking enterprises started work better than last week. The crude benzene supply is relatively stable, and the overall inventory is on the high side. The cost pressure of downstream hydrobenzene enterprises has increased in the near future. With the decline of comprehensive starting level of downstream styrene and other products, the demand for hydrobenzene is weak, and the price of hydrobenzene is down this week. As of Friday, the price of hydrobenzene in Shandong Province was about 3350-3450 yuan / ton, down 300 yuan / ton from last week.
The business community in the aftermarket thinks that the cost pressure of the downstream hydrogenated benzene enterprises is relatively large, the demand is weak, the crude benzene fundamentals are under pressure, and the bearish sentiment in the field is relatively strong, and it is expected that the price in the aftermarket will still be slightly lower.
| povidone Iodine |