Last week, domestic petroleum benzene production capacity increased, offsetting the reduction in hydrogenated benzene production, and the production capacity increased slightly. At the same time, the imported goods were concentrated at the port, and the port inventory continued to increase.
Last week, the market trend for ethyl acetate shifted from stable to declining. The primary reason was that market demand did not increase significantly,
Batong Chemical Group will discuss coating chemicals and solutions with domestic and foreign partners and potential customers.
The crude oil market continues to experience wide-range fluctuations. The overall trend of toluene and xylene prices in the East China region was first a decline followed by an increase.
The post-holiday restocking atmosphere of ethyl acetate has led to a slight increase in prices, but with the resumption of equipment at the main factories in Shandong,
Benzene continued its downward trend this week. As the subsequent product units of benzene entered the maintenance period, and some units were in a loss-making…
This week, the market price of benzene fell and then rebounded. The inventory of benzene in the port has increased compared with the previous cycle.
This week, Acetone was initially affected by the downward trend of crude oil and other factors, quickly pulling back. However, driven by the atmosphere of…
At the beginning of the week, under the pessimistic atmosphere of macro data, bulk chemical commodity prices generally fell, and the number of subsequent port arrivals is expected to increase, the price of benzene in East China has fallen sharply to the lowest price this month, however, due to the approaching double holidays, downstream enterprises are actively preparing stocks, as well as the increase in the number of new and resumed production units in the downstream, the increase in demand has curbed the rise in port inventory, at the same time, due to the widening market price gap between the north and the south, arbitrage space exists, a large amount of cargo resources from the port flow to North China, this caused a decrease in port inventory, the price of benzene rebounded at the weekend.
Currently, crude oil remains in a period of wide fluctuations and is situated within a relatively low price range.
Acetone affected by the increase in inventory in East China and weak downstream demand, coupled with the active shipment of the holders for delivery at the…
Affected by the escalation of the situation in the Middle East, crude oil fluctuated upward.
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