January 27th benzene Market Overview

[chemical] Finance recently, benzene market vulnerable to run. In January 25th NYMEX March crude oil futures contract fell $1.85, or 5.7%, to settle at $30.34 a barrel. The crude oil of weak shocks, and the outer benzene with the fall, the Asian market continued to rise, the domestic market impact is limited. The Asian benzene Market FOB Korea rose $10 to $552-553 / ton, FOB Southeast Asia rose $12 to $538-539 / ton, CFR Chinese steady at $549.5-550.5 / ton.

The Spring Festival approaching, many users downstream stocking has been completed, insufficient purchasing enthusiasm, market cautious. Traders mentality is more stable, the price offer guidance message waiting for manufacturers. Benzene and benzene hydrogenation, although there are some difference, but dragged down by the downstream demand, turnover of less than. It is expected that the recent benzene market weak finishing, petrochemical manufacturers need to pay attention to news guidelines.

The dynamic part of the enterprise or area benzene Market in January 27th:

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.

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