From July 26 to July 30, 2021, the market price of crude benzene increased from 6126 yuan / ton at the beginning of the week to 6251 yuan / ton at the end of the week, with a weekly increase of 2.04%.
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Summary of price adjustment of Sinopec pure benzene in July 2021 (unit: yuan / ton)
Date., adjusted price., adjusted amount
July 2, 8750., + 300
July 12, 8600. – 150
July 19, 8450. – 150
July 21, 8150. – 300
On July 21, 2021, the listing price of Sinopec’s pure benzene was reduced by 300 yuan / ton. At present, it is 8150 yuan / ton, of which Qilu Petrochemical is 8100 yuan / ton.
This week, the trend of crude oil was mainly volatile, the support of pure benzene and downstream was insufficient, the overall market mentality was low, the price of pure benzene fell slightly, the overall market of downstream hydrogenated benzene was mainly wait-and-see, and the price decreased slightly this week. In terms of supply, at present, most coking enterprises in the main production areas are facing the impact of environmental protection policies, and the output has decreased to a certain extent. Therefore, the bidding price this week is mainly increased with the support of tight supply.
In the future, with limited fundamentals, tight supply and stable downstream demand, the crude benzene price is expected to be stable, medium and strong in the short term.
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