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It's tightening in the source of pure Benzene inland,Market is walking...
It's tightening in the source of pure Benzene inland,Market is walking higher steadily
Aromatic products this week in the context of widespread cooling, high-profile domestic benzene is still rising, especially this week, Sinopec's usual practice of price adjustment data later this week
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 4, 2011 --
Aromatic products this week in the context of widespread cooling, high-profile domestic benzene is still rising, especially this week, Sinopec's usual practice of price adjustment data later this week, Sinopec Tuesday raised another four branches listed price of 200 yuan / ton to 8400 yuan / ton, which continued to push up the market played a role in fueling. Most active call businesses hold stocks, large single-sellers, sporadic small single transaction price move. As of Thursday to calm the market, the largest single part of the business began to take the goods, CAS 12018-10-9 , but the lower the price after the price increase resistance to certain emotions, mostly small single-based deal.
TDP device by a series of recent Asian influence profit stop or reduce the load of benzene supply tight. Benzene recent European exports increased recently heard that 20,000 tons of goods exported to the U.S. Gulf Coast, also in tight supply the local state. Although Asian American arbitrage window is closed, but the bulk benzene Asia to Europe, and another 3000 tons of goods at the end of July to early August, the Arab Gulf shipped from Indonesia.
Northwest supply suspended, north, east flow of supply even more tense. From the beginning on April 20 to enter the factory Qingdao Refinery maintenance state, aromatics device synchronization parking, originally planned to stop a month's time, driving the current business plan deferrals, and the company plans to drive new styrene, benzene will be the main supply of styrene. Recent Qilu Petrochemical, Qi Rwanda, Huabei Petrochemical, Qingdao Petrochemical business inventories low, buy lower active supply market tensions continue. East Branch of Sinopec business inventories fell, in view of the manufacturers price advantage, lower positive purchase.
Downstream, the focus this week by the supply and the impact of tight supply, styrene market continued to move up after finishing a narrow range. Currently aniline industry as a whole started less than 50%, the recent rise in benzene aniline market driven higher, offer manufacturers actively enhance, market transaction prices steadily upward. Cyclohexanone industry started in about 70%, fine chemicals suppliers , cyclohexanone recent market remain high, the business continued to offer pulled, traded up slowly. Phenol in the downstream market prices and domestic prices of petrochemical enterprises successively higher pressure, lower plant costs and increased pressure on capital chain, part of the resistance increase.
Benzene in the near future to support the external market are rising, and rising too fast seriously affect the market transaction. Resources due to the current overall market is still tight in the short term the market will remain high with market continues to push a certain degree of difficulty. Oil prices, the trend is still on the outer disk has an important guiding role in benzene, Copper Chromite(CC) , while paying close attention to further developments in the petrochemical. Source: www.mhcfm.com

Where: Moscow,Russia
Industry: Minerals, Metals & Materials
Where: London,United Kingdom
Industry: Minerals, Metals & Materials

Where: Xiamen,China (Mainland)
Industry: Minerals, Metals & Materials
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