From March 22 to March 26, 2021, the crude benzene market price decreased. The domestic ex factory price was 4695 yuan / ton at the beginning of the week and 4271 yuan / ton at the end of the week, with a weekly drop of 9.03%.
In March 2021, Sinopec’s listed price of pure benzene was lowered three times. At present, it has implemented 6350 yuan / ton, of which Qilu Petrochemical has implemented 6150 yuan / ton. This week, it has been lowered twice in a row, with a total reduction of 300 yuan / ton.
This week, the bidding price of crude benzene dropped sharply. The bidding price in Shandong fell to 4150 yuan / ton, 530 yuan / ton lower than last week. The operation rate of downstream hydrobenzene is about 60%, which is lower than that of last week. The demand for crude benzene has decreased to a certain extent. Under the rhythm of slowing demand, it is expected that the bidding price of crude benzene will decrease this week.
In the future, the business community believes that although the overall start-up of hydrogenated benzene plants has declined due to various factors, most of the plants have gradually returned to normal, and the price difference between hydrogenated benzene and crude benzene is large, the profits of hydrogenated benzene enterprises have improved to a certain extent, and the operating rate is still expected to gradually rise in the future. The price of crude benzene and crude benzene fluctuated in the near future, but the price of crude benzene and crude benzene fluctuated in the future.