From August 3 to 7, 2020, the ex factory price of hydrogenated benzene in North China increased slightly, at 3187.50 yuan / ton at the beginning of the week and 3250 yuan / ton at the weekend, with a weekly increase of 1.96%.
| Poly glutamic acid |
The commodity index of hydrogenated benzene on August 7 was 35.87, up 0.27 points compared with yesterday, 64.84% lower than 102.01 points (2014-01-09), 19.61% higher than 29.99 points on April 07, 2020. (Note: the period refers to December 1, 2013 to now).
Price rise and fall of domestic main hydrobenzene markets from August 3 to 7 (unit: yuan / ton)
Regional 3-day price 7-day weekly price rise and fall
3300-3400 3400-3450 + 75 in East China
3100-3200, 3150-3250 + 50 in Shandong
Summary of price adjustment of pure benzene in Sinopec (North China) in July 2020 (unit: yuan / ton)
Price adjustment amount after date adjustment
August 5 3400 + 100
On August 5, 2020, the price of pure benzene of Qilu Petrochemical (Sinopec North China) will be increased by 100 yuan / ton, and the price will be 3400 yuan / ton after adjustment.
Around May 5, the price of Brent crude oil futures market rose, with the settlement price of main contracts rising to US $45.17/barrel, up US $0.74 due to the double effects of US crude oil inventory reduction and continued weakening of US dollar. Oil prices rose to their highest level since early March. This week, the pure benzene market shock upward, East China port market price is firm, pure benzene external plate shock higher. The tender price of crude benzol Market increased slightly this week to about 2510 yuan / ton, up 35 yuan / ton compared with last week. Under the influence of favorable fundamentals, the hydrobenzene market rose slightly this week. As can be seen from the figure above, the price of hydrogenated benzene in Shandong increased by about 50 yuan / ton this week.
| poly gamma glutamic acid |
In terms of start-up, hydrogenated benzene enterprises still have a lot of maintenance, but the operating rate has improved compared with last week. Hebei rongte and other units started operation, and the overall operating rate was about 60%, slightly higher than last week. Downstream demand: the price of pure benzene continued to rise in recent two weeks, the downstream price reduction willingness is strong, the cost pressure is large, and the downstream unit start-up is lower than last week.
In terms of aftermarket, the business agency believes that at present, there are about 267000 tons of pure benzene in East China port and warehouse, an increase of 17000 tons compared with last week, and the inventory is still high. The downstream construction starts this week with an average decline of about 1.8%. The demand for pure benzene is limited, and the pure benzene market is under pressure in the future. The pressure of hydrobenzene market cost remains, the market is more wait-and-see sentiment is strong, the market continues to rise, the market still needs to focus on changes in pure benzene inventory.
| Polyglutamic acid |