Price rise and fall of main domestic hydrogenated benzene market from January 7 to January 14 (unit: yuan / ton)
| Thiourea |
Region /, Price on January 7, Price on January 14, Weekly rise and fall
East China, 7275.,7625.,+ three hundred and fifty
Shandong Province, 7100.,7400.,+ three hundred
This week (from January 7 to January 14), the market price of hydrogenated benzene in Shandong increased, from 7100 yuan / ton last weekend to 7400 yuan / ton this weekend, up 300 yuan / ton.
Summary of price adjustment of Sinopec pure benzene (unit: yuan / ton)
Date, Adjusted price, Adjustment amount
December 14, 6600.,+150
December 24, 6800.,+200
December 29, 7000.,+200
December 31, 7300.,+300
On December 31, 2021, the listing price of Sinopec pure benzene was increased by 300 yuan / ton, with an implementation rate of 7300 yuan / ton, of which Qilu Petrochemical implemented 7250 yuan / ton.
Other enterprises: HSBC Petrochemical offers 7300 yuan / ton, Jincheng Petrochemical offers 7270 yuan / ton, Weilian chemical offers 7403 yuan / ton, Xinhai Petrochemical offers 7350 yuan / ton, and Hongrun Petrochemical offers 7350 yuan / ton.
Crude oil: international crude oil prices closed lower on January 13. The settlement price of the main contract of us WTI crude oil futures was US $82.12/barrel, down US $0.52 or 0.63%, and the settlement price of the main contract of Brent crude oil futures was US $84.47/barrel, down US $0.20 or 0.24%. The market reacted to the hawk card of the Federal Reserve. The expectation of the Federal Reserve raising interest rates put pressure on oil prices, but tight supply and recovery of demand limited the decline of crude oil, and oil prices fell slightly.
Pure benzene: boosted by fundamental crude oil and styrene, the price of pure benzene was the main player in the week, and the price of hydrogenated benzene increased. After the price rose, the profit of hydrogenated benzene enterprises recovered slightly, and the operating rate is higher than that in the early stage. The shipment of pure benzene in Shandong is good, and the overall inventory is low. At the weekend, affected by the decline of styrene futures, the negotiation price in East China decreased slightly, and the overall transaction atmosphere was weak. At present, there is a demand for goods in the downstream. The improvement of demand drives the price of the industrial chain upward.
In the future, the downstream demand is OK, and there is a certain demand support. The fundamentals are mixed with bad and good, but the overall performance is acceptable. It is expected that the pure benzene industry chain will continue to maintain stable, medium and strong operation, focusing on the impact of fundamental crude oil and downstream price trend on market confidence.
| http://www.thiourea.net |