Pure Benzene Industry Chain Operating Rate Continued to Decline in July

The monthly production of pure benzene in July 2019 was estimated to be 847,000 tons. During the month, Liaoyang Petrochemical's set of reforming equipment was overhauled for 10 days, another set of reforming equipment was overhauled for the whole month, and the constant force reforming started the load was less than 2 weeks. Fuhai created 240,000 tons of equipment for parking for the whole month, and Dushanzi's 310,000 tons of equipment. Overhaul for 10 days. In addition, Shandong Haihua, Shandong Youtai, Qingdao Refinery, and Kenli Petrochemical, which were restarted in July, were postponed and restarted. In other respects, CNOOC Taizhou, Huizhou, Dayu Petrochemical and other installations fell to 70% within the month, Fujia Dahua 350,000 tons of equipment load is low, Qingdao Lidong 295,000 tons of equipment load is low.

The operating rate continued to decline in July. Affected by product profit, the operating rates of Fujia, Lidong, CNOOC Huizhou, CNOOC Taizhou and CNOOC Datun decreased, and Fuhai Chuang, Shandong Haihua, Shandong Youtai, Qingdao Refining and Chemical, and Yanli Petrochemical extended their overhaul. period. In addition, the production of pure benzene decreased during the month due to its upstream installation problems. The maintenance period of Dushanzi was advanced from July 29th to July 20th, and began to drop at the beginning of the month. propylene carbonate market

The maintenance equipment from August to October was concentrated in August, and it is expected that the import volume will be difficult to recover in August, and the overall supply will be tight. In addition, Chongqing Huafeng's 32 million tons alcohol ketone plant and Baling Hengyi 100,000 tons of caprolactam new plant are expected to be put into operation in August, and demand is increasing. Therefore, it is expected that the overall supply and demand in East China will be tight in the third quarter.

The downstream statistics of pure benzene are mainly composed of styrene, phenol ketone, aniline, caprolactam, adipic acid and other products.

The downstream operating rate of pure benzene in July decreased from the previous month. Downstream, the Jilin Cornell aniline unit was restarted and the Wanhua MDI unit was restarted. Qingdao Bay styrene short-term parking, Shandong Wuyuan styrene parking, Dushanzi styrene parking, etc., Jinmao aniline parking. Zhejiang Juhua, Shandong Haili Caprolactam briefly stopped, Shijiazhuang Refinery, Fujian Shenyuan Caprolactam long-term parking device restarted.

In the main downstream products of pure benzene in July, the profit of styrene was better, the profit of caprolactam and adipic acid was general, and the loss of phenol and aniline.

In terms of downstream load, styrene and phenol are relatively stable, and they remain at 8-9 percent. The caprolactam load was reduced to 60%, MDI and adipic acid were only started at 50%, and the aniline operating rate fell below 50%.