On July 27, the hydrobenzene commodity index was 100.86, unchanged from yesterday, down 6.76% from the highest point 108.17 in the cycle (2022-06-15), and up 236.31% from the lowest point 29.99 on April 7, 2020. (Note: the period refers to 2013-12-01 to now).
| povidone Iodine |
Summary of Sinopec pure benzene price adjustment (unit: yuan / ton)
Date, adjusted price, adjusted amount
July 6, 9300, -300
July 14, 9150, -150
The ex factory price of Sinopec pure benzene was reduced twice in July 2022, with a total reduction of 450 yuan / ton. As of the press release, the implementation of Sinopec pure benzene was 9150 yuan / ton.
The crude oil market fell after the overall shock this month. As of the 27th, the international oil price rebounded overnight, WTI rose by more than 2%, and SC crude oil rose in the inner market. The main contract of SC crude oil rose by 4.05% to close at 678.5 yuan. Oil prices are still in a long and short tug of war, and the market is still worried about the Federal Reserve’s radical interest rate hike, leading to a standoff at the $100 level; However, oil prices were supported by supply tightening concerns and the weakening US dollar. In the future, the crude oil analyst of business news agency believes that in the short term, it is difficult to alleviate the supply shortage pattern. Although the Libyan supply may rise, the supply elasticity of opec+ as a whole is still relatively limited. In the later stage, it is difficult to continue to improve production capacity. Driven by the supply shortage, the oil price may still have the upper action force in the near future. However, in the medium term, due to the weak demand caused by the global central bank’s interest rate hike, there are still many obstacles to the rise of oil prices.
| Azodicarbonamide (AC foaming Agent) |
In July 2022, the hydrogenated benzene market as a whole fluctuated downward, and the price fell again after a slight rebound at the end of the month. The ex factory price in North China was 9550 yuan / ton at the beginning of the month and 9062.5 yuan / ton at the end of the month, with a monthly drop of 5.1%.
Domestic market price of main hydrogenated benzene (unit: yuan / ton)
Market / /, price on July 1, price on July 28, up and down
East China, 9450 ~ 9500, 8950 ~ 9050, -500
Shandong, 9250 ~ 9350, 8700 ~ 8750, -450
This month, the crude oil market fluctuated widely, and the overall trend was mainly downward. It drove the market price of pure benzene to decline in the first half of the month, and the price fell again after a slight rebound in the second half of the month. In the first half of the month, affected by the broad decline of crude oil, pure benzene in the external market followed the weakness, driving the focus of negotiation in the domestic market down. Due to the general transaction in Shandong, the price difference between Shandong and other regions widened, and the overall decline in the week was limited. Near the end of the month, the shipment of pure benzene in East China was tight, and the inventory of pure benzene in the port was low as a whole, with the inventory falling by 20000 tons in the week. The port has good enthusiasm for picking up goods, and the superposition of downstream purchase demand at the end of the month is acceptable. Pure benzene rebounded slightly after falling at the end of the month. However, the market expects the supply of pure benzene to increase in August, and poor negotiations on pure benzene in the far month limit the increase. The trend of hydrogenated benzene market this month basically followed that of pure benzene market. In terms of unit start-up, the crude benzene market was boosted by tight supply this month, and the high price consolidation trend was the main trend. Affected by cost pressure, the start-up of benzene hydrogenation enterprises declined as a whole this month, and some units entered the maintenance state. It is expected that the overall supply will be tight in the future.
In the aftermarket, the business news agency believes that the current crude oil price fluctuates widely, and the guidance for pure benzene and the industrial chain is weakened. The recent rise and fall of pure benzene are mainly affected by supply and demand. The recent supply of pure benzene is tight as a whole, and the downstream demand is weak as a whole. It is expected that the recent weak and volatile trend of pure benzene market is dominated.
| http://www.lubonchem.com/ |