Pure Benzene: New Year's Eve with the "Cold to Warm" market

On December 24, the listing price of pure benzene at various sales companies of Sinopec increased by 200 yuan (ton price, the same below) to 6,800 yuan, an increase of 3%, and local refinery companies and traders subsequently increased it to more than 6,800 yuan

"The start of this new-year market is mainly due to the support of downstream demand, and the reduction of foreign pure benzene companies' production, which has caused the external market to go up

Downstream profits are considerable

According to Yan Shaoqi, most of the products in the pure benzene industry chain are currently profitable, and companies are more enthusiastic about starting operations

Statistics from Henan Chemical Network show that as of December 24, among the downstream products of pure benzene, the operating rates of styrene, cyclohexanone, adipic acid, phenol, aniline, maleic anhydride, and caprolactam were 76%, 74%, and 69, respectively.

The outer disk moves higher across the board

According to Li Peixin, Purchasing Director of Jiangsu Dipu Technology Co.

"Following changes in the international market, the Asian pure benzene market is also rising

Start of work dropped slightly

In December, domestic enterprises entered the annual production and operation task inventory period

Statistics show that as of December 24, the operating rate of domestic petroleum benzene plants was 77.

"From the data point of view, although the operating rate of pure benzene companies has not seen a big drop, for important pure benzene companies such as Sinopec and PetroChina, since the end of the year, the production and operation tasks of each company have basically been completed, and the circulation of the market has been completed.

According to industry analysts, based on the current favorable trading environment in the pure benzene market, the market is cautiously optimistic in January 2022