Asian benzene prices rose this week

1. Benzene
   Beginning of the week last week, a rebound in crude oil prices, the Asian benzene prices rose. On Wednesday, prices of raw materials and the downstream market by promoting strong, Asian benzene market continues to rise. Weekend, the benzene supply, the factory operating rate is not high, pure Asia

Benzene markets remain steady rising trend. Opened last week,
  the Asian benzene market rise, the domestic market in the short steady trend of benzene, benzene in East China market, price stability in 6850-6900 the mainstream yuan / ton (Zhangjiagang the tank) around. Limited supply market

, Not volume. On Thursday, crude oil shock rise, rose substantially continuous outer disk benzene, coupled with the strong trend in the downstream market. Affected by strong domestic pure benzene market upward. Saturday, Sinopec raised East Marketing Company Benzene offer 150 yuan / ton

, In which Shanghai Petrochemical, Yangzi Petrochemical, Zhenhai Refining & Chemical uniform implementation of 6950 yuan / ton. As last Friday's close, the mainstream market in East China Benzene price higher to 6950-7050 yuan / ton (Zhangjiagang the tank) around. Mostly traders wait and see  attitude on the market

Degree of turnover is small. Opened this week, oil prices fell, continuing weakness in Asia benzene. Crude oil fell and the outer disk by benzene downturn, the domestic market to discuss market sentiment is low benzene, benzene market fell slightly in east China. As Wednesday's close
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, East China, the mainstream of pure benzene market price remained at 7100 yuan / ton (Zhangjiagang the tank) around. Market sentiment heavier wait to discuss the atmosphere relatively commonplace, the market turnover is rare.

    Outlook analysis: pre-shock and downs of international crude oil, continued sharp rise in external disk benzene, benzene on the domestic market, some impact, but the overall trend continued to show a slight increase. While the downstream styrene market continued to rise, and prices to new highs.

Due to the recent fall in international crude oil prices, high external disk callback benzene, benzene domestic market consolidation trend more to run. Since the downstream market for high resistance to benzene, the market is still more a lack of substantial turnover. Short-term domesticmarket is expected to Benzene

Maintain high consolidation trend. The lack of clear positive support, is expected to increase the momentum of recent domestic benzene market will temporarily stop, and many more shock consolidation trend run.