February 2nd benzene Market Overview

[chemical]  Finance recently, the end of crude oil rally, closing down, affected by this pure outside of Europe and Asia with the fall, the domestic pure light trading. In March WTI crude oil futures on Monday (February 1st) fell $2, or 5.95%, at $31.62 / barrel. China weak manufacturing data highlights the bleak prospect of the global economy, and increasingly slim major oil producing nations cooperation production of hope also weighed on the crude oil market, but the poor performance of U.S. economic data to provide some support for the dollar to fall in oil prices.

1, the Asian benzene Market FOB Korea fell 10.5 yuan / ton to $538-539, FOB Southeast Asia fell $10.5 to $523-524 / ton, CFR Chinese rose $5 to $ 560-561 / ton. The Spring Festival is approaching, businesses are delisting wait-and-see, the market buying scarce, firm turnover less smell. Years ago, benzene market price fluctuations, to maintain order, guidelines need to pay attention to crude oil and petrochemical manufacturers news.

The dynamic part of the enterprise or area benzene Market in February 2nd:

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.

Shandong Dongming Petrochemical benzene group 30 thousand tons / year plant operating stability, the price of 4300 yuan / ton, low inventory.

The production of Qingdao Petrochemical benzene device. Pure quotation implementation of 4400 yuan / ton outbound shipping companies, normal, low inventory.

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