Domestic pure benzene market finally power high price finishing is more likely.

Gold nine silver ten, the domestic pure benzene market is still not surprised, even "11" long vacation, hydrogenated benzene plant centralized maintenance, in the operating rate fell to about 53% at the same time, the domestic hydrogenated benzene market is still still short, weak downward finishing. But Sun Yanxia, an analyst at Zhongyu Information, said this was the ambush for the late rally.
market slowly decline, resulting in hydrogenated benzene manufacturers ahead of time oversold, downstream derivatives manufacturers continue to resist, raw material inventory is at a low level. New downstream Shanxi orchid heptathylamide plant is about to be put into production, the procurement of petroleum benzene raw materials in the market has not been paid attention to, but with the downstream styrene Abel device is about to be put into production together to purchase raw materials, East China pure benzene port inventory continued to decline, causing the market supply gradually tight, East China market oil benzene inventory since the beginning of October 45,000 tons began to plummet. With the increase of market inquiries, hydrogenated benzene manufacturers shipping pressure reduced, the mentality gradually upward.
the increase in the number of inquiries also directly promoted the price of pure benzene outside the market, triggering a domestic sales sentiment heating up. Mutual influence and promotion, so that the market in the state of low supply, a sharp rise. Higher prices for hydrogenated benzene have also pushed up the price of raw material crude benzene. Crude benzene itself is in a production-limiting state, the supply is also low, pushing each other up, and the main downstream styrene profit space is larger, procurement enthusiasm is relatively high, mutual promotion, the market rally is not receivable.
, the high price of raw material pure benzene also pushed up the price of its products. In addition to phenols, the rest of the downstream manufacturers are mostly in a profitable state, especially styrene, the profit situation is higher, because its procurement enthusiasm is still available.
, Sinopec's pure benzene listing price will continue to rise 150 yuan / ton, to 6000 yuan / ton. Yesterday, the east China port oil benzene transaction price has risen to 6600 yuan / ton, the price difference in 600 yuan / ton. In addition, the current Asian pure benzene FOB Korea price is about 6100 yuan / ton, higher than Sinopec pure benzene listing price of 100 yuan / ton. Therefore, at present, in the short term, Sun Yanxia believes that the domestic pure benzene market still has room to continue to rise.
Sun Yanxia said that in the long run, the current distance from the annual mark is only 2 months, spot supply continues to be tight, and winter temperatures, transportation restrictions, but also led to slow growth in downstream derivatives raw materials inventory, the near future will also be in a continuous procurement to improve raw materials inventory status. In addition, from previous years, New Year's Eve, the domestic bulk chemical commodity prices are mostly high finishing state, so the price increase after a big fall is unlikely, only narrow decline is possible, and the current price will continue to go higher, when the market in the high price of finishing the possibility of greater.