Price dynamics: on July 12, Sinopec North China: Qilu Petrochemical offered 9150 yuan / ton, Shijiazhuang refining and chemical offered 9150 yuan / ton, and Tianjin Petrochemical offered 9300 yuan / ton;

East China: Yangzi Petrochemical offers 9300 yuan / ton;

South China: Hainan refining and Chemical Co., Ltd. offers 9300 yuan / ton;

Central China: the quotation of Wuhan ethylene is 9300 yuan / ton;

Others: Dongming Petrochemical quote 9100 yuan / ton, Jingbo Petrochemical quote 9000 yuan / ton, HSBC Petrochemical quote 9200 yuan / ton, Weilian chemical quote 9003 yuan / ton, Xinhai Petrochemical quote 9100 yuan / ton.

Analysis and comments: in terms of crude oil, based on the fact that the tight supply situation is difficult to ease, the oil price has been supported, but the expected risk of future demand cooling remains, and the high oil price is deadlocked.

Today, Jingbo Petrochemical’s pure benzene was reduced by 50 yuan / ton, and Dongming Petrochemical’s pure benzene was reduced by 100 yuan / ton.

Crude oil fluctuated in a narrow range yesterday, and the external market in Asia was closed, and there was no guidance on the external news. The supply of pure benzene is tight, domestic trade shipments are reduced, and the port destocks. The spot market negotiation is general, and the price is sideways. Today, the price of pure benzene in China is 9000-9300 yuan / ton.