From May 31 to June 4, 2021, the crude benzene market price increased slightly, at 5450.83 yuan / ton at the beginning of the week and 5531 yuan / ton at the end of the week, with a weekly increase of 1.47%.
Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)
Date, adjusted price, adjusted amount
May 7, 7700, + 300
May 10, 8000, + 300
May 12, 8200, + 200
May 24, 7900, – 300
May 28, 7600, – 300
June 4, 7900, + 300
On June 4, 2021, Sinopec’s registered price of pure benzene was increased by 300 yuan / ton. At present, it implements 7900 yuan / ton, of which Qilu Petrochemical implements 7850 yuan / ton.
The crude benzene market was under pressure at the beginning of the week and rose at the end of the week. At the beginning of the week, the price trend of hydrogenated benzene was dragged down by the downward trend of pure benzene market price, and the crude benzene market which started bidding on Tuesday was affected by the downward trend of most prices. Since Wednesday, the international crude oil price continued to rise, the styrene market took the lead in boosting the price rise, the hydrogenation benzene market followed the trend of pure benzene, and the price of crude benzene in Shandong and other places on Thursday was the main price.
In the future, the business community believes that the price of pure benzene market is high, the downstream market is weak, and the support for pure benzene is limited. It is expected that the crude benzene industry chain will mainly fluctuate in the short term.