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Sinopec reduces prices on benzene offers
19 May '11
1 min read
The Chinese domestic pure benzene market appeared pale amid steadiness yesterday, and discussion atmosphere was light.
Market price in Eastern China ranged between 8,000-8,100 Yuan / ton, market price in South China performed 8,100-8,200 Yuan / ton and mainstream price in North China was marked between 8,000-8,100 Yuan / ton.
East China branch of Sinopec cut its benzene offer by 200 Yuan / ton. Due to this, the unified implementation pricing level of Shanghai Petrochemical, Yangzi Petrochemical, Zhenhai Refining & Chemical was 8,200 Yuan / ton.
South China Branch of Sinopec too reduced its listing price by 200 Yuan / ton, the unified ex-factory price to be implemented by Guangzhou Petrochemical and Maoming Petrochemical was 8,200 Yuan / ton on the very day.
North China Branch of Sinopec also cut its factory price by 200 Yuan / ton and unified implementation level of Tianjin Petrochemical, Shijiazhuang Refinery, Qilu Petrochemical and Qingdao refinery was 8,160 Yuan / ton.
Market price in Eastern China ranged between 8,000-8,100 Yuan / ton, market price in South China performed 8,100-8,200 Yuan / ton and mainstream price in North China was marked between 8,000-8,100 Yuan / ton.
East China branch of Sinopec cut its benzene offer by 200 Yuan / ton. Due to this, the unified implementation pricing level of Shanghai Petrochemical, Yangzi Petrochemical, Zhenhai Refining & Chemical was 8,200 Yuan / ton.
South China Branch of Sinopec too reduced its listing price by 200 Yuan / ton, the unified ex-factory price to be implemented by Guangzhou Petrochemical and Maoming Petrochemical was 8,200 Yuan / ton on the very day.
North China Branch of Sinopec also cut its factory price by 200 Yuan / ton and unified implementation level of Tianjin Petrochemical, Shijiazhuang Refinery, Qilu Petrochemical and Qingdao refinery was 8,160 Yuan / ton.
Fibre2fashion News Desk - China
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