Price dynamics:

On May 9th, Sinopec Group North China region: Qilu Petrochemical quoted 7,300 RMB/ton, Shijiazhuang Refining and Chemical quoted 7,300 RMB/ton, and Tianjin Petrochemical quoted 7,300 RMB/ton;

East China region: Yangzi Petrochemical quoted 7,050 RMB/ton;

South China region: Hainan Refining and Chemical quoted 7,050 RMB/ton;

Central China region: Wuhan ethylene offers a price of 7,050 RMB/ton;

Others: Jingbo Petrochemical quoted 7,300 RMB/ton, HSBC Petrochemical quoted 7,300 RMB/ton, Weilian Chemical quoted 7,153 RMB/ton, Xinhai Petrochemical quoted 7,150 RMB/ton, and Hongrun Petrochemical quoted 7,300 RMB/ton.

Fluctuation trend:

Analysis review

On the 9th, the price of pure benzene at Jingbo Petrochemical fell by 30 RMB/ton, the price of pure benzene at Weilian Chemical fell steadily by 100 RMB/ton. The price of pure benzene at Xinhai Petrochemical fell by 100 RMB/ton.

Last week, East China pure benzene rebounded with crude oil, and the spot price was close to the main listing. It is expected that East China Pure Benzene will consolidate in the morning trading and wait and see. The domestic price of pure benzene is between 7,050-7,300 RMB/ton.

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