Inventory low magnitude higher benzene market prices

Year, domestic benzene prices are slightly up , mainly due to the current multi- stop equipment , inventory, low impact , while international oil prices also edged higher , bringing the benzene prices higher. Benzene prices in the short term is expected to be a slight concussion , there will be no price increases or price situation.

U.S. benzene contract price increase of 36 cents / gallon

The United States in January benzene contract price increases 36 cents / gallon to $ 4.84 / gallon.Sellotape


Market insiders said that the current stock of the United States benzene on low, add the merchant to cover short positions , benzene contract price naturally raised . This is since January 2013 the highest price .

December U.S. benzene spot price average at $ 4.74 / gallon FOB U.S. Gulf.

Europe January benzene contract price increase of € 37 / t

European benzene contract price has been determined in January raised € 37 / t to € 994 / t ( $ 1,373 aggregate / ton ) .

Stalemate is the traditional end of the market situation, but in December of Europe still appears limited supply of certain products of the phenomenon , while the U.S. market performance has been strong.

Internal market mixed views on the market in January , not sure market trends. Some downstream businesses that European benzene increases too much, the price may then fall, and some think the factory operating rate will control production . Currently benzene market supply is tight .Washi tape


Domestic benzene prices continued to rise slightly

An upward trend of domestic benzene market . Factory price of domestic enterprises by the end of December the average price is about 9200 yuan / ton , to the end of January 3rd quote fluctuation of foreign domestic enterprises to around 9368 yuan / ton , the overall change of 1.86% , the current price fell by 10.32 percent year on year .Masking tape


Early January benzene offer price in 9500-9600 yuan / ton, plant operating stability, Dalian Fujia , Qingdao Petrochemical plant starts were eighty percent , inventory low. Crude oil futures prices continued lower, reported Friday WTI $ 95.44 / barrel , down 2.98% ; Brent quoted $ 107.78 / barrel , down 3.02 percent . Aniline stable and on the downstream market , companies operating in the vicinity of five percent , but no improvement in downstream demand .

Outlook forecast : short term corporate benzene inventories remain low, downstream to the rigid demand mainly benzene market is expected to stabilize at 9500-9600 yuan / ton.Wholesale masking tape