Crude benzene market continues to decline

According to the monitoring data of the "steel coal chemical industry" network, on July 1st crude benzene prices fell, and the downstream weak wait-and-see. Crude benzene mainstream market high-end sources of varying degrees of decline in the range of 50-150 yuan / ton, Henan prices fell by 50 yuan / ton, the downstream wait and see atmosphere is strong. At present, the downstream manufacturers have stopped and overhauled large areas, and the crude benzene cargo has been weakened and supported. While most of the products are in poor market conditions, crude benzene prices may continue to decline.

The coking benzene market is consolidating and watching. Although the manufacturer's price has not fluctuate, the space for actual negotiations has increased. At present, the raw material price of crude benzene is declining, the cost support is already unstable, and the downstream maleic anhydride market has an obvious 100 yuan/ton decline in the focus of negotiations, and the manufacturers have a pessimistic mentality in the market outlook and have made greater efforts to resist high raw materials. Coking benzene market is not optimistic about short-term market.

Hydrogenated benzene market is weak and negotiations are relatively cool. Recently, as the price of external disk ** dropped, the confidence in the domestic market has faltered, and the awareness of active shipments from suppliers has increased. However, downstream demand is still the main source of purchase, and prices have declined slightly. The hydrogenation benzene market also performed weakly, and it was difficult to significantly improve in the later period.

Downstream of the maleic anhydride market was cautious with firm sales. Trade volume in Shandong, Shanxi, and Hebei fell by RMB 100/t from the previous day. The current cost support has weakened slightly, while the downstream resin market has faced tight funding, the overall operating rate is low, and the high level of maleic anhydride resistance has intensified. Maleic anhydride accounted for overall bearish market information, and short-term prices fell slightly.

At present, under the influence of the unsatisfactory parade and weak demand, many products in the benzene market are bearish.