Pure Benzene: A Brief Analysis of Import and Export in November 2022

Pure Benzene: A Brief Analysis of Import and Export in November 2022

In November 2022, my country's import volume of pure benzene was 445,400 tons, and the cumulative import volume was 2,999,500 tons. Up 23.90%, as of November 2022, my country's cumulative imports of pure benzene increased by 10.85% over the same period last year.

From the perspective of trading partners, the main source country is South Korea. In November 2022, the import volume from South Korea reached 198,000 tons, accounting for 44.46% of the total import volume in that month. Imports increased significantly from the previous month. Other major importing countries are too many, Brunei, Singapore, Oman and other countries. The details of South Korea’s exports in November are as follows: From November 1 to 30, 2022, South Korea exported a total of 264,361 tons of pure benzene, of which 177,920 tons were exported to mainland China, 50,372 tons were exported to Taiwan, 33,000 tons were exported to the United States, and 3,049 tons were exported to Japan. tons, 20 tons exported to Malaysia.

In November 2022, Zhejiang Province, where my country's import enterprises are located, accounted for the largest proportion, about 184,100 tons, accounting for 41.34%; the second place was Jiangsu Province, about 78,800 tons, accounting for 17.68% of the total imports, and the third place was Shanghai City, about 66,600 tons, accounting for 14.95%.

In terms of export, in November 2022, my country's export volume of pure benzene in the month was 150.96 tons, and the cumulative export volume was 6372.461 tons. A year-on-year increase of 602.14%, the cumulative export volume fell 45.96% over the same period last year.

Looking at the market outlook, the Asian-American arbitrage window continues to close, and the export target of pure benzene exporting countries still points to China, so it is expected that the domestic pure benzene import volume will remain high in December.