From October 8 to October 15, 2021, the bidding price of crude benzene was the main player, which was 6236 yuan / ton last weekend and 6551 yuan / ton this weekend, with a weekly increase of 5.05%.

On October 11, 2021, the listing price of Sinopec pure benzene was increased by 400 yuan / ton, 8400 yuan / ton, of which Qilu Petrochemical implemented 8350 yuan / ton.

This week, pure benzene fell after a broad rise, crude oil rose broadly, the bulk commodity market rose generally, the pure benzene market rose positively, and the price rose broadly. As styrene stopped rising and turned down, and bulk commodities generally fell, the pure benzene market took profits and the price followed the downward trend. The downstream support is strong. The bidding price of crude benzene was raised this week, and 6550 yuan / ton was implemented in Shandong. In terms of supply, affected by the action plan of Shandong Province to deeply fight the blue sky Defense War (2021-2025), Shandong has accelerated the elimination of backward production capacity. The overall operating rate in Shandong is 30-40%, the output is low, the overall inventory in the plant has decreased, there is no goods in some areas, and the sales are good. The heating season is coming. According to the usual practice in previous years, the production restriction orders of coking enterprises in northern areas (especially Hebei, Shanxi, Shandong and other areas) will tend to be strict in the heating season, and the output of both coke and by-products will be reduced to a certain extent. The future supply of crude benzene is expected to be tight.

In the future, the fundamentals are good, pure benzene and hydrogenated benzene are stronger, the supply of crude benzene is tight, and the downstream demand is improved. It is expected that the price of crude benzene will be stable, medium and strong in the short term.