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Sinopec hikes benzene prices
24
Feb '11
China's domestic pure benzene market was stable on Wednesday, discussion atmosphere was dull.

East China branch of Sinopec raised its benzene offer by 300 Yuan / ton. The uniform implementation level of Shanghai Petrochemical, Yangzi Petrochemical, Zhenhai Refining & Chemical was 8,700 Yuan / ton.

South China Sales Branch of Sinopec too increased its benzene offer by 300 Yuan / ton, the uniform implementation level of Guangzhou Petrochemical and Maoming petrochemical was 8400 Yuan / ton with immediate effect.

North China Branch of Sinopec raised its benzene offer by 300 Yuan / ton, the uniform implementation level of Tianjin Petrochemical, Shijiazhuang Refinery, Qilu Petrochemical and Qingdao refinery was 8700 Yuan / ton.

Central Branch of Sinopec raised its list price of benzene by 300 Yuan/ ton, starting from February 24, current ex-factory price of Wuhan Petrochemical, Changling Petrochemical, Luoyang Petrochemical, Jinmeng Petrochemical and Zhongyuan Ethylene was 8400 Yuan / ton.

List price of Northwest Marketing Company under China National Petroleum Corporation (CNPC) rose by 300 Yuan/ ton for benzene supply to outside users to 8550 Yuan / ton with immediate effect on the day. However, supply was scarce.

Fibre2fashion News Desk - China

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