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Benzene market began to rebound from the bottom Comefrom:CINIC    AddDate:2019-05-29    Hit:2527

Up to May 20, the list price of pure benzene of Sinopec was 4450 yuan. Some local smelting enterprises' low-end price increase by 20~50 yuan.A person in charge of Sinopec Sales Company said, supported by the overhaul of the manufacturing enterprises, rigid demand from downstream, high external-plate price and other basic positive factors, benzene market rises steadyly recently, and it is expected to remain a rebound space.

In terms of petroleum benzene, many local smelting enterprises in Shandong are in a state of maintenance recently, and the comprehensive operating rate of petroleum benzene enterprises has dropped below 60%. Compared with the prices of domestic goods, the prices of imported goods was higher, so the port inventory showed a downward trend,and the supply of domestic petroleum benzenes reduced modestly. From the perspective of hydrogenation benzene, enterprises in Hebei, Shandong, Henan, Hubei, Shanghai, Anhui, Shanxi and other places are still under repair, involving a capacity of more than 1.5 million tons per year, a comprehensive operating rate less than 40%, and a small supply of goods as well.