Benzene market vulnerable to adjust downward finishing

chemical industry recently, domestic benzene market lack of clear guidelines, the continuation of the weak trend of finishing. Outside South Korea fell down, continue to weigh on domestic buying atmosphere, the domestic market of East China sentiment weak, buying intention is poor, Shandong area of the lower reaches of buying enthusiasm is poor.

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In December 27th, the United States of America FOB benzene Market Gulf News 280-280.1 cents / gallon, equivalent to US $840-840.3 / ton.

In December 28th, Dongming Petrochemical 30 thousand tons of benzene plant operating smoothly, Nissan 130-150 tons. The benzene content of 99.99%, offer 7400 yuan / ton, the main contract for users, low inventory. Sinopec Chemical sales company Sinopec East China branch pure implementation of 7400 yuan / ton, Shanghai petrochemical, Yangzi Petrochemical, Jinling Petrochemical, Yangzi BASF, Zhenhai uniform implementation of 7400 yuan / ton.

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At present, the lack of clear guidelines on news, trading atmosphere deserted, port trade daily dish down, during the Spring Festival approaching the lower stocking, manufacturers offer to decline, limited space, limiting the scope of the price adjustment, the market weakness consolidation in the short term, or is likely to continue downward.

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