On January 27, the crude benzene commodity index was 47.01, which was the same as yesterday. Compared with the highest point 131.84 (2013-01-28) in the cycle, the crude benzene commodity index decreased by 64.34%, and increased by 53.93% compared with the lowest point 30.54 on April 8, 2020. (Note: period refers to 2011-09-01 to now).

In January 2021, the crude benzene market fluctuated. The domestic ex factory price of crude benzene was 2951.25 yuan / ton at the beginning of the month and 3001.67 yuan / ton at the end of the month, with a monthly rise of 1.71%.

In January 2021, the price of pure benzene of Sinopec was increased twice, with a total increase of 250 yuan / ton. As of January 28, Sinopec’s refineries uniformly implemented 4650 yuan / ton.

Since August last year, coke prices have been rising all the way, coking enterprises have higher profits, positive start-up and good sales. Crude benzene supply has been relatively stable, so far coke has increased 15 rounds, a total of 1000 yuan / ton, coking enterprise profit is considerable. In the first half of the month, the price of pure benzene in East China continued to rise, while the market of hydrogenated benzene was mainly rising. The demand for crude benzene was good, and the price of crude benzene rose. In the second half of the month, with limited transportation in some areas, high freight prices and less impact from transport vehicles, crude benzene prices recovered after the shock, and the trend of downstream related products pure benzene was mainly volatile. The pressure in East China and North China was more obvious. Downstream hydrogenated benzene manufacturers reduced their prices one after another, and the ex factory price of hydrogenated benzene declined, which forced the crude benzene bidding price down. The overall crude benzene market fluctuated in the second half of the month The actor. As of the end of this month, the inventory of pure benzene is still high. Although the external price of crude oil and pure benzene is strong, the demand support is limited. The start-up of styrene and other units downstream of hydrogenated benzene has declined this month, and the maintenance of units is more, so the demand support is weak.

The overall operation rate of hydrobenzene enterprises is stable at about 65% in the near future, with little change this month. The production of hydrobenzene units is relatively stable near the Spring Festival, and some enterprises shut down in the early stage start operation one after another this month, with stable demand for crude benzene.

In the future, the business community believes that at present, the pure benzene external market and crude oil market perform well, which has a certain support for the market. However, the price of pure benzene and hydrogenated benzene remains volatile this week, and the fall of styrene price has a great impact on the overall industrial chain. The crude benzene bidding price remains stable at the end of the month, and the market activity is reduced near the Spring Festival. It is expected that the market will be stabilized before the festival.