The market dynamic benzene Market in October 19th

[chemical] Gade chemical network finance last week, the international crude oil fell for four consecutive days, the people continued frustration mentality. The effect of crude oil zoudie, Asia – American spreads narrow, arbitrage window is closed, the domestic turnover atmosphere benezene light, talks deadlocked. At present, the domestic supply of adequate supply, lack of positive support, traders offer high mentality eased. Downstream users cautious, according to need replenishment, lack of confidence in the market outlook most wait-and-see. Benzene downstream Styrene Market within a narrow range, the factors supporting market prices began to decline, rising prices have greater resistance, the recent sharp rise. The expected short-term benzene market or weak finishing, follow-up still need to pay attention to the crude oil and the trend of the outer disk.

In October 19th, Sinopec Huabei sales company of benzene listing price implementation of 4600 yuan / ton. The inventory pressure is not high, stable sales contract. Qilu Petrochemical, Shijiazhuang refinery, Tianjin Petrochemical, Ji’nan refinery, the uniform implementation of 4600 yuan / ton. Sinopec Southern China branch sales benzene execution price 4600 yuan / ton, the export is not much, the main contract delivery, inventory general. Central sales branch of Sinopec benzene Guapaijia temporarily stabilized, Changling petrochemical refinery, Wuhan, Wuhan, Jingmen Luoyang ethylene implementation of 4600 yuan / ton, inventory pressure is not high, stable sales. Sinopec East China sales company pure listing price implementation of 4600 yuan / ton, inventory pressure is not high, stable sales contract. Zhenhai, Shanghai petrochemical, Jinling Petrochemical, Yangzi Petrochemical, Jiujiang Petrochemical 4600 yuan / ton. In the Northeast Petroleum Benzene prices temporarily stabilized, Daqing petrochemical, Liaoyang petrochemical, Jilin petrochemical and Fushun Petrochemical 4600 yuan / ton, the export part of the supply in North China, mainly for personal use. In the Northwest Petroleum Benzene execution price 4600 yuan / ton, the export of normal, Urumqi petrochemical and Lanzhou Petrochemical to East China export prices 4600 yuan / ton, inventory pressure is relatively high. Sinopec Shanghai Petrochemical benzene Limited by Share Ltd temporary price stability, the implementation of 4600 yuan / ton. Shandong Dongming Petrochemical benzene prices temporarily stabilized, the implementation of 4600 yuan / ton. (source: social business)

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