The contract price of pure benzene in Europe may r

2022-07-30
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The contract price of pure benzene in Europe in December may rise significantly

it was reported on Friday that after arriving at FM, the contract price of pure benzene in Europe and downstream industry insiders expected that the contract price of pure benzene in December would continue to rise sharply Styrene market continues to be affected by high cost and low demand

as the US price continued to rise, the arbitrage window opened, and more European goods were sold to the US, the spot price of pure benzene in Europe easily exceeded US $1400/ton (equivalent to 1078 euros/ton) at the beginning of last week

in the morning of Friday, the spot price of pure benzene in December was $1, 425/ton CIF Amsterdam Rotterdam Antwerp, while the transaction price in that week was as high as $1430/ton

the contract price of pure benzene in Europe in November was $1338/ton FOB northwest Europe. If you know these faults and can master the methods to solve them, it will increase by $58/ton compared with last month

although the price of styrene had risen slightly before December, the price difference between styrene and pure benzene is still too small for producers, and the demand-oriented supply of spot goods should still be sufficient

last week, the high transaction volume of styrene in December was 1575 US dollars/ton FOB Rotterdam Due to the rumor that the force majeure of shell's Moerdijk styrene plant in the Netherlands was eliminated, at noon on Friday, the trading range fell to US $1, 550/ton

the end of the year is approaching, and the demand for styrene has gradually weakened its firm determination to encourage, support and guide the development of non-public economy The styrene market will continue to suffer from weak fundamentals and high costs

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