According to the price monitoring of business agency, the ex factory price of hydrogenated benzene in North China on September 26 was 8080 yuan / ton, down 8.8% from the same period last week.

Price of main hydrogenated benzene Market in China on September 26 (unit: yuan / ton)

Region, September 26 price

East China, 7950

Shandong, 7850

In terms of crude oil, on September 24, the international oil price continued to rise. The settlement price of the main contract of WTI crude oil futures in the United States was US $73.98/barrel, an increase of US $0.68 or 0.9%, and the settlement price of Brent crude oil futures was US $77.23/barrel, an increase of US $0.77 or 1.0%. On the one hand, the recovery of oil and gas production in the U.S. Gulf region was slow, adding that the capacity utilization rate of refineries on the east coast of the United States increased to 93%, the highest since May, and the continuous decline of U.S. crude oil inventories formed a strong support for oil prices.

Recently, the high level of pure benzene market fell, which was mainly dragged down by the downstream. Affected by the dual control policy, the load of many downstream units is reduced or shut down for maintenance, especially in East China, the recent operating rate has decreased significantly, the demand for pure benzene and hydrogenated benzene has slowed down, and the purchase intention is low. This week, Sinopec cut the price of pure benzene three times, a total of 700-800 yuan / ton to 7650-7700 yuan / ton. Although there is a certain demand for goods preparation near the holiday, the downstream pure benzene inventory is OK and the overall demand is general. In an environment with many negative fundamentals, it is expected that the pure benzene and hydrogenated benzene markets will be under pressure in the short term.