From September 21 to September 25, 2020, the crude benzene market price will be slightly adjusted. The factory price in North China will be 2473.75 yuan / ton at the beginning of the week and 2511.25 yuan / ton at the weekend, with a weekly increase of 1.52%.
On August 14, 2020, the price of pure benzene of Qilu Petrochemical (Sinopec North China) will be reduced by 100 yuan / ton, and the price will be 3300 yuan / ton after adjustment. As of September 25, Sinopec’s price has not been adjusted
| Azodicarbonamide (AC foaming Agent) |
This week, coking enterprises started to operate well. After two rounds of rising in September, Shandong took the lead in landing, and the downstream demand was good. Coking enterprises generally started higher, and rough labor supply was sufficient. This week, crude benzene prices rose and fell by half. The prices in Shandong and Hebei rose slightly by about 50 yuan / ton, while those in Shanxi Province decreased by 20 yuan / ton. Other areas in Northeast China were low. In terms of fundamentals, crude oil and pure benzene were lower this week, while fundamentals were mainly negative. As of Friday, crude benzene Market in Shandong was about 2530-2550 yuan / ton, up 50 yuan / ton compared with last week.
Start up of some hydrogenated benzene units in September 2020
Enterprise name device status device capacity remarks
Shandong Shengyun chemical shutdown 100000 tons, restart time to be determined
Derun Chemical Co., Ltd. shut down 150000 tons in February
Shandong Jinneng Chemical Co., Ltd. shut down 100000 tons in July
Hebei Jiantao parking 100000 tons in March
100000 tons parking in Baofeng, Ningxia last week
In terms of downstream demand, the operating rate of hydrogenated benzene enterprises this week decreased by about 5% compared with that of last week, and the cost pressure of hydrogenated benzene enterprises was still large, and some enterprises shut down. Close to the long holiday, most manufacturers have completed the stock preparation, which has a certain support for the price of crude benzene.
In terms of aftermarket, the business agency believes that the cost pressure of downstream hydrobenzene enterprises is still high, the market fundamentals of pure benzene and crude oil are weak, and the advantages are insufficient. The phenol operating rate has decreased significantly this week, most of the other products have increased slightly, the downstream profit situation is still not optimistic, the demand for hydrogenated benzene is limited, and the action force in the crude benzene market is insufficient
| Melamine |