Home / Knowledge / News / Textiles / Chinese benzene market flat, Sinopec hikes prices
Chinese benzene market flat, Sinopec hikes prices
01
Sep '11
China's domestic benzene market appeared flat on Wednesday, as production capacity of downstream products showed underutilisation.

In the domestic market, benzene price ranged between 8,150-8,250 Yuan / ton in East China, market price executed 8,100-8,300 Yuan / ton in South China and mainstream market price was quoted at 8,000-8,100 Yuan / ton in North China.

Supply from companies is limited, overall inventory is not large and production capacity of downstream sector shows underutilisation, overall trade is flat.

Experts expect short-term market conditions to mainly maintain steadiness.

In company news, East Sales Branch of Sinopec plans to raise benzene price by 100 Yuan / ton. Shanghai Petrochemical, Yangzi Petrochemical and Zhenhai Refining & Chemical will implement the uniform price of 8,400 Yuan / ton from September 1.

South China Branch of Sinopec will execute benzene price of 8,400 Yuan / ton in early September, up 100 Yuan from the previous month and is applicable to Maoming, Zhanjiang Dongxing and other Sinopec companies.

North China Branch of Sinopec plans to raise ex-factory price by 100 Yuan / ton, Tianjin Petrochemical,Shijiazhuang Refinery,Qilu Petrochemical, Qingdao Refinery will implement the uniform price of 8,400 Yuan / ton from September 1.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search