1、 Price trend
| PVA 2699 |
According to the Commodity Market Analysis System of Business Society, the price of pure benzene has slightly decreased this week. On August 28th, the price of pure benzene was at 7850 yuan/ton, and on Friday (September 1st), the price of pure benzene was at 7800 yuan/ton, a decrease of 0.63% compared to last week and an increase of 3.71% compared to the same period last year.
2、 Analysis and Review
The price of Sinopec pure benzene this week is 7850 yuan/ton (prices in Shandong and Hebei regions are synchronized)
Downstream aspect
3、 Future Market Forecast
Crude oil rose broadly and is expected to shake and consolidate in East China in the morning.
| POLYVINYL ALCOHOL |
The OPEC+production reduction atmosphere continues to provide support, with expectations of tight supply increasing and international oil prices continuing to rise. NYMEX crude oil futures contract 10 rose by $2.00 per barrel or 2.45% to $83.63 per barrel; ICE oil futures contract 10 is up $1.00 per barrel, or 1.16%, at $86.86 per barrel. The main contract for China INE crude oil futures, 2310, rose 6.6 yuan to 643.6 yuan/barrel, and rose 7.8 yuan to 651.4 yuan/barrel in overnight trading.
Core logic: Yesterday, the mainstream price in East China was 7700-7740 yuan/ton, and delivery was basically completed. Replenishment demand slowed down, and the market slightly declined. Shandong is priced at 7740-7800 yuan/ton, with the main business listing falling in price and insufficient market buying, resulting in a decrease in transaction volume.
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