From November 2 to 6, 2020, the market price of crude benzol will rise. The ex factory price in North China will be 2556.25 yuan / ton at the beginning of the week and 2646.25 yuan / ton at the weekend, with a weekly increase of 3.52%.
| Polyglutamic acid agricultural grade |
Summary of Sinopec’s pure benzene price adjustment in November 2020 (unit: yuan / ton)
Price adjustment amount after date adjustment
November 4 3750 + 150
In November 2020, Sinopec’s pure benzene price will be increased by 150 yuan / ton, and 3750 yuan / ton will be implemented by all its refineries.
This week, the coking enterprises started well, the sixth round of increase in coke was basically implemented this week, with a cumulative increase of 300 yuan / ton. The current profits of coking enterprises are relatively high, coupled with the recent loose environmental protection policies, the operating rate of enterprises is high, and the supply of crude benzene is sufficient. This week, the price of pure benzene hydrogenated benzene was mainly driven by downstream styrene. Sinopec was listed on the 4th and increased by 150 yuan / ton, and now it is 3750 yuan / ton. Crude benzol Market was boosted and trading was positive. The bidding price of main production areas was raised this week, and the price of Shandong Province rose by about 120 yuan / ton.
In the future, the business agency believes that the current price rise of pure benzene is mainly driven by the rise of styrene and maleic anhydride in the downstream. This week, the price boost of styrene to pure benzene and hydrogenated benzene decreased. Affected by the rising cost of raw materials, the downstream profits decreased, and the supply and demand side of pure benzene was weak. There was a certain pressure on the upward trend. It is expected that the future market will be dominated by high consolidation.
| Polyglutamic acid |