Price dynamics: on March 14, Sinopec North China: Qilu Petrochemical offered 8600 yuan / ton;

East China: the quotation of Yangzi Petrochemical is 8600 yuan / ton;

South China: Hainan Refining & Chemical Co., Ltd. offers 8600 yuan / ton;

Central China: the quotation of Wuhan ethylene is 8600 yuan / ton;

Others: Dongming Petrochemical offers 9000 yuan / ton, HSBC Petrochemical offers 8650 yuan / ton, Jincheng Petrochemical offers 8280 yuan / ton, Weilian chemical offers 8353 yuan / ton, Xinhai Petrochemical offers 8600 yuan / ton, and Hongrun Petrochemical offers 8550 yuan / ton.

Analysis and comments: in terms of crude oil, the market is still affected by the war between Russia and Ukraine, and traders are worried about the Supply Prospect of the oil market. According to the data released by Baker Hughes on the 11th, the number of active oil rigs in the United States this week was 527, an increase of 8 month on month and 218 year-on-year.

Today, Sinopec reduced the price of pure benzene by 300 yuan / ton, Weilian chemical reduced the price of pure benzene by 50 yuan / ton, Hongrun Petrochemical reduced the price of pure benzene by 300 yuan / ton, Xinhai Petrochemical reduced the price of pure benzene by 200 yuan / ton, and HSBC Petrochemical reduced the price of pure benzene by 300 yuan / ton.

Pure benzene negotiation turned weak, and Shandong local refining company was in a strong mood of price reduction and shipment. Today, Sinopec cut the price of pure benzene by 300 yuan / ton to 8600 yuan / ton, and the domestic price of pure benzene is 8280-9000 yuan / ton.