From May 17 to 21, 2021, the ex factory price of hydrogenated benzene in North China fell. The domestic ex factory price was 8200 yuan / ton at the beginning of the week and 8075 yuan / ton at the end of the week, with a weekly drop of 1.52%.
| Gamma Polyglutamic Acid |
Price rise and fall of domestic main hydrogenated benzene market from May 17 to 21 (unit: yuan / ton)
Region, May 17 price, May 21 price, weekly rise and fall
East China, 8200., 7750.,-450
Shandong Province, 8200., 7900., and-300
This week (may 17-21), the market price of hydrobenzene in Shandong Province decreased to 8200 yuan / ton at the beginning of the week and 7900 yuan / ton at the end of the week, down 300 yuan / ton.
Price adjustment of Sinopec’s pure benzene (unit: yuan / ton)
Date, adjusted price, adjusted amount
April 30, 7400, + 100
May 7, 7700, + 300
May 10, 8000, + 300
May 12, 8200, + 200
Crude oil and pure benzene fell this week. The domestic pure benzene market was mainly affected by the fundamentals, while the hydrogenation benzene market was mainly affected by the downward price. Downstream styrene market fell this week, limited support for raw materials, East China market negotiation price continued to decline. Affected by the bad fundamentals, the factory price of hydrogenated benzene enterprises decreased, and the manufacturers had a strong shipping mentality.
In the future market, the business community believes that the current fundamentals of bad factors are frequent. Last week, the state required to do a good job in ensuring the supply and stabilizing the price of bulk commodities. Affected by the macro policy, the main players in the futures market last week and Sinopec’s ex factory price of pure benzene are expected to decrease. In general, it is expected that the price of hydrogenated benzene will have downward space in the future market
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