From July 27 to July 31, 2020, the crude benzene market will go up. The factory price in North China will be 2325 yuan / ton at the beginning of the week and 2431.67 yuan / ton at the weekend, with a weekly increase of 4.59%.

 

POLYVINYL ALCOHOL

Summary of price adjustment of pure benzene in Sinopec (North China) in July 2020 (unit: yuan / ton)

 

Price adjustment amount after date adjustment

July 1 3050 – 200

July 23 3100 + 50

July 27 3200 + 100

30 July 3300 + 100

In July 2020, Sinopec increased the ex factory price of pure benzene three times and lowered it once. As of the end of the month, Sinopec implemented 3300 yuan / ton of pure benzene in North China, an increase of 50 yuan / ton compared with the same period of last month.

 

Sinopec raised the ex factory price of pure benzene twice on the 27th and 30th of this week, accumulatively increasing 200 yuan / ton. The external market of pure benzene rose for four consecutive times. This week, with the recovery of pure benzene market, the market price of hydrogenated benzene also rose, and the basic situation of crude benzene emerged. The bidding price of this week went up. As of Friday, the market price of crude benzene in Shandong was about 2470 yuan / ton

 

Start up of some hydrogenated benzene units in 2020

 

Enterprise name device status device capacity remarks

Shandong Shengyun Chemical Park 100000 tons

Shandong Derun Chemical Park 150000 tons

Shandong Jinneng Chemical Industry Park 100000 tons

Panjin Ruide parking 200000 tons, there are plans in the near future, to be determined

Shandong Huineng chemical 50% 200000 tons

PVA

Recently, there are still a lot of overhauling in hydrogenated benzene enterprises, some of which have been shut down for more than three months. The units of Tangshan Baoshun, Panjin Ruide, Jinneng and shouchuang have been shut down. The restart time is still to be determined. The overall operating rate in East China is low, and the demand for crude benzene is limited.

 

In the aftermarket, the Business Association believes that crude oil prices are mainly volatile, the pure benzene market has some advantages, the inventory is still high, and the downstream hydrobenzene enterprises’ cost pressure is still large, which is difficult to support the crude benzene price to continue to rise. It is expected that the crude benzene Market in the future will be mainly sorted out.

http://www.pva-china.net