From July 1 to July 8, 2022, the ex factory price of hydrogenated benzene in North China fluctuated downward, at 9550 yuan / ton last weekend and 9350 yuan / ton this weekend, down 2.09% weekly.
Market price of domestic main hydrogenated benzene this week (unit: yuan / ton)
Market, Price on July 1, Price on July 8, Up and down
East China, 9450～9500., 9100～9150.,- three hundred and fifty
Shandong region, 9200～9300., 8900～9000.,- three hundred
| Azodicarbonamide (AC foaming Agent) |
In terms of crude oil, the market’s concern about the global economic recession increased, leading to a sharp fall in international oil prices, and WTI oil prices fell below $100 a barrel. However, the inventory of refined oil products in the United States fell, and the increase in demand led to a rebound in oil prices. As of July 8, Brent’s price fell by $4.61 per barrel, or 4.13%, this week compared with last week; WTI fell $3.64 / barrel, or 3.36%.
On July 8, international crude oil futures continued to rise. The settlement price of the main contract of WTI crude oil futures in the United States was $104.79 / barrel, up $2.06 or 2.0%; The settlement price of the main contract of Brent crude oil futures was $107.02 / barrel, up $2.37 or 2.3%. Previously, the oil price fell due to the risk of economic recession, and the oil price rebounded for two consecutive days. The main reason is that although the risk of global economic recession is still there, the market panic has weakened, and the focus has returned to the fundamentals of supply shortage.
Summary of Sinopec pure benzene price adjustment (unit: yuan / ton)
Date, Adjusted price, Adjustment amount
June 10, 10000.,+300
June 22, 9800.,-200
June 27, 9600.,-200
July 6, 9300.,-300
The ex factory price of Sinopec pure benzene was reduced by 300 yuan / ton on July 6, 2022, and 9300 yuan / ton was implemented.
| povidone Iodine |
Other enterprises: Dongming Petrochemical quote 9200 yuan / ton, Jingbo Petrochemical quote 9050 yuan / ton, HSBC Petrochemical quote 9200 yuan / ton, Weilian chemical quote 9003 yuan / ton, Xinhai Petrochemical quote 9100 yuan / ton.
This week, the hydrogenation benzene market as a whole fluctuated downward. Fundamentals crude oil prices fell sharply last week, Brent fell 4.13%, WTI fell $3.64 / barrel, down 3.36%. The outer disk of pure benzene fell broadly, and the import price in East China fell by 7.19%. Dragged down by fundamentals, the price of pure benzene in Sinopec fell by 300 yuan / ton to 9300 yuan / ton this week (the price of pure benzene in Hebei and Shandong fell to 9150 yuan / ton). This week, the hydrogenated benzene market mainly followed the trend of pure benzene downward. In the future, the downstream styrene has certain support, and the demand for pure benzene is well supported. It is expected that the short-term pure benzene will be weak and volatile. Continue to pay attention to the impact of crude oil and external market price trends, pure benzene port inventory, pure benzene and downstream device dynamics on prices.
| http://www.lubonchem.com/ |