瑞达期货纯苯产业日报-20250818

Report Industry Investment Rating - Not provided in the content Core Viewpoints - In the short term, the situation of supply exceeding demand for domestic pure benzene is expected to continue, putting pressure on prices; in the long - term, the new production capacity of pure benzene downstream in August is higher than that of pure benzene, and the supply - demand contradiction may improve. The supply - demand situation of crude oil continues to be supply - dominant, and international oil prices are expected to fluctuate weakly. Technically, BZ2603 should pay attention to the support around 6100 and the resistance around 6300 [2] Summary by Relevant Catalogs Futures Market - The main closing price of pure benzene is 6186 yuan/ton, down 3 yuan; the main settlement price is 6171 yuan/ton, down 17 yuan. The main trading volume is 5030 lots, up 759 lots; the main open interest is 14110 lots, down 588 lots [2] Spot Market - The mainstream prices of pure benzene in East China, North China, South China, and Northeast China are 6100 - 6150 yuan/ton, 6130 - 6120 yuan/ton respectively, with different changes. The mainstream prices of hydrogenated benzene in Jiangsu and Shanxi are 6250 yuan/ton (down 75 yuan) and 6050 yuan/ton (unchanged) respectively. The spot price of pure benzene in South Korea's FOB middle price is 734 US dollars/ton, up 1 US dollar; the CIF middle price in China is 748.5 US dollars/ton, unchanged [2] Upstream Situation - The spot price of Brent DTD crude oil is 67.97 US dollars/barrel, down 0.61 US dollars; the CFR middle price of naphtha in Japan is 572.5 US dollars/ton, up 1.5 US dollars [2] Industry Situation - The capacity utilization rate of pure benzene is 78.14%, up 0.13%; the weekly output is 44.52 tons, down 0.08 tons. The port inventory of pure benzene is 14.6 tons, down 1.7 tons; the production cost is 5327.8 yuan/ton, down 118.2 yuan; the production profit is 737 yuan/ton, up 76 yuan [2] Downstream Situation - The开工率 of styrene is 78.18%, up 0.45%; the capacity utilization rates of caprolactam, phenol, aniline, and adipic acid are 95.72% (up 6.41%), 78.54% (down 0.46%), 69.24% (down 0.1%), and 64.3% (up 2%) respectively [2] Industry News - From August 8th to 14th, the profit of PetroChina's benzene was 689 yuan/ton, up 113 yuan/ton from last week. As of August 18th, the total commercial inventory of pure benzene ports in Jiangsu was 14.4 tons, down 1.37% from the previous period [2]