Taking benzene FOB Korea price as an indicator and based on naphtha CFR Japan cost and $130/mt processing cost, benzene production margin has fallen below the theoretical break-even line....
With crude oil continues bottoming down, decline goes on in benzene, CPL and nylon 6 chip products. But for this series of products, CPL and nylon 6 chip have no more margin, and the downward space is decided by benzene....
In early March, the COVID-19 pandemic in areas outside China developed rapidly, and many countries entered an outbreak period. In mid-March, in order to control the pandemic, many countries began to close the board, resulting in large number of China's te
