From May 6 to 8, 2021, the crude benzene market price was temporarily stable. This week, the price adjustment of most manufacturers was stranded. The bidding price of 29 days before the festival was still implemented, and the prices of some manufacturers in 10 days of the cycle changed.

In May 2021, Sinopec’s listed price of pure benzene was raised once. At present, the price is 7700 yuan / ton, of which Qilu Petrochemical is 7650 yuan / ton.

Since the end of April, the external price of pure benzene has risen sharply, and the crude oil price has been consolidated at a high level in the same period. Supported by favorable fundamentals, Sinopec raised the ex factory price of pure benzene once before the festival, and the price rose again on the first day after the festival, with a total increase of 400 yuan / ton. The domestic pure benzene industry chain has a strong bullish atmosphere, downstream styrene and other markets are also strong operation, and the positive support of upstream and downstream is obvious. After the festival, the price of pure benzene is the main trend in hydrobenzene market. At present, the unit operation rate is at a normal level, and the demand for crude benzene is relatively stable.

In the future, the business community believes that there are many favorable factors in the fundamentals at present, and the downstream demand is temporarily stable. It is expected that driven by the rising price of the industrial chain, there will be upward space in the future.