January 21st benzene Market Overview

[chemical]  Finance recently, benzene market weak trend. The United States in February WTI crude oil futures on Tuesday (January 19th) fell $0.96 to $28.46 / barrel. Iran city to the lifting of sanctions oil news weighed on oil prices, international crude oil continued weak, benzene market bad atmosphere inside the people gathered together, continuously frustrated mentality.

Discuss the benzene Market in East China atmosphere deserted, mainstream price remained at 4450-4500 yuan / ton, but the downstream user inquiry scarce, turnover of less than. At present, the crude oil market decline is difficult to stop, and the end user recent lack of confidence in the market outlook, and there is a certain inventory, goods intention and emotion is not high, prices gradually rose. It is expected that the recent benzene market trend is weak, fear will be down, petrochemical manufacturers need to pay attention to news guidelines.

The dynamic part of the enterprise or area benzene Market in January 21st:

Sinopec North China sales company benezene temporary price stability, the implementation of 4400 yuan / ton. Normal inventory, stable sales contract. Qilu Petrochemical, Shijiazhuang refinery, Tianjin petrochemical, Ji’nan refinery, the uniform implementation of 4400 yuan / ton.

East China branch of Sinopec Sales benezene offer temporary stability, Shanghai petrochemical, Yangzi Petrochemical, Zhenhai uniform implementation of 4400 yuan / ton (factory).

Sinopec Southern China branch sales benezene temporary price stability, the implementation of 4400 yuan / ton, the export is not much, the main contract delivery, inventory general.

Central sales branch of Sinopec benzene Guapaijia temporarily stabilized, Changling refinery, Wuhan petrochemical, Wuhan Jingmen Luoyang ethylene, the implementation of 4400 yuan / ton, inventory pressure is not high, stable sales.

In the Northeast Petroleum Benzene prices temporarily stabilized, Daqing petrochemical, Liaoyang petrochemical, Jilin petrochemical and Fushun Petrochemical 4400 yuan / ton, export supply part of North China, mainly for personal use.

In the Northwest Petroleum Benzene prices temporarily stabilized, the implementation of 4400 yuan / ton, the export of normal, Urumqi petrochemical and Lanzhou Petrochemical to East China export prices 4450 yuan / ton, low inventory.

barium hydrogen carbonate