This year, domestic benzene market all the way down . Current mainstream offer for 8300 yuan ( t price , the same below ) , compared with last year , down to 1,200 yuan. But the positive supply shortage and other factors affect or have phased bottomed , benzene market stabilization and recovery is not far away .
Currently, benzene related products by limiting the production of coking time director influence , supply tight supply , stabilize prices gradually stabilized , does not rule out possible increases . Benzene external disk prices firm , nearly 1,000 yuan higher than domestic prices , the domestic market is also good form . The continued low pressure for domestic manufacturers , and therefore very price will strongly support the formation . Meanwhile , in the ” buy or not buy up ” mentality role downstream multi- demand procurement , raw materials inventory at a low level , coupled with benzene manufacturers operating rate is not high, and getting people maintenance season , the supply side will appear tight pattern If the downstream plant at normal demand procurement , a small amount to cover short positions , market supply will be very tight.
Currently, the aromatics chain as a whole in the doldrums , styrene, phenol, aniline, cyclohexanone, adipic acid plant operating rates low, Secco , Yanshan Petrochemical , Ke- yuan, and equipment maintenance . Expected in early April to mid- April , the downstream device will gradually restart, demand will steadily increase, or will bring a wave of rising prices .
In summary, the supply side and the demand side in the match , the steady rise of benzene market prices can be expected, but in view of the demand side is not yet fundamentally improved , benzene market rebound is limited , or consolidation.(http://www.lubonchem.com supply)
