Crude benzene commodity index was 39.03 on September 1, unchanged with yesterday, down 70.40% from 131.84 (2013-01-28), and 27.80% higher than the lowest point of 30.54 on April 8, 2020. (Note: period refers to 2011-09-01 to now).
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Summary of price adjustment of pure benzene in Sinopec (North China) in August 2020 (unit: yuan / ton)
Price adjustment amount after date adjustment
August 5 3400 + 100
In August 2020, Sinopec only raised the price once. By the end of the month, Sinopec North China pure benzene implemented 3400 yuan / ton, up 100 yuan / ton compared with the same period of last month.
The crude benzene market fluctuated slightly at the beginning of this month. At the beginning of this month, the ex factory price of pure benzene was raised, the market atmosphere was boosted, and the price of crude benzene went up. Later, with the market price of pure benzene going down, the inventory of pure benzene in East China was high, the external news was weak, the shutdown of downstream units increased, and the demand for pure benzene was poor The crude benzene price rose with the improvement of downstream demand.
At the beginning of August, the pure benzene market continued the rising trend at the end of July and continued to rise. Since the middle of the year, the maintenance of downstream units has increased, and the willingness to lower the price is obvious, and the price of pure benzene in North China has declined significantly. The operating rate of petroleum benzene in August decreased by about 3% compared with the beginning of the month. Port inventory rose by about 15000 tons this month, dragging down market prices. Terminal demand phenol, caprolactam operating rate increased significantly, there is a certain demand support for the upstream. But the downstream profit is limited, and the price support is not strong.
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Start up of some hydrogenated benzene units in August 2020
Enterprise name device status device capacity remarks
Shandong Shengyun chemical shutdown 100000 tons, restart time to be determined
Laiwu Iron and steel normal 100000 tons
The parking capacity of Shandong Jinneng Chemical Co., Ltd. is 100000 tons to be determined
Shanxi sanwei parking 200000 tons to be determined
Shandong Huineng chemical normal 200000 tons
In the near future, there are still many overhauls in hydrogenated benzene enterprises, but the overall operating rate has increased, which can reach more than 60%, slightly higher than that in the previous period, and the demand for crude benzene is increased.
In the future market, the business agency believes that the market cost pressure of hydrogenated benzene still exists. The price of pure benzene has been fluctuating in the near future. There are still many bad fundamentals. The sales of crude benzene are in general. The coking enterprises have started to operate well in the near future, and the rough labor supply is sufficient. It is expected that the future market will fluctuate mainly and the price will fluctuate slightly.
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