p>Domestic market of coking benzene presented a down trend in Aug and the market turnover was less. At the early of this month driven by petrobenzene the coking benzene market was steady in a high price. At the end of this month, along with the falling crude oil price the petrobenzene price also fell then Coking benzene market had also been implicated the prices was lower.The mainstream offers of Shandong Area were 6200 yuan/ton, Hebei Area were 6100 yuan/ton, Shanxi Area were 6000 yuan/ton, Jiangsu Area were 6250 yuan/ton and Henan Area were 6100yuan/ton.
Market outlook: The domestic coke market was sluggish this month, coking plant in order to ensure a greater profit margin limited production, leading to benzene supply was tight market, to bring some pressure to coking benzene enterprises. But downstream maleic anhydride market declined this month, unable to bear the cost of coking benzene transfer, purchase intentions decreased, and the petrobenzene recently had no good performance. It is expected that coking benzene market will keep a weak consolidation.
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html
