Here is the daily spot commodity performance ranking for July 16th.
The top performer is crude benzene. The commodity's price increase chart for July 16th shows that the spot price for crude benzene surged by 13.49% in a single day, rising from 5,595 yuan per ton yesterday to a latest price of 6,350 yuan per ton.
The price trend for crude benzene spot on July 16, 2026 shows a latest price of 6,350.0, a daily increase of +13.49%, a weekly increase of +14.41%, and a monthly increase of +2.42%. The data timestamp is 2026-07-16. The crude benzene spot price is 6,350.
The reasons behind the commodity's price increase are as follows: Crude benzene is a byproduct recovered from the coking process, positioned upstream in the coal chemical industry chain, and serves as an intermediate connecting coal tar with refined chemical products like pure benzene. The main factors driving the price increase of crude benzene include the following points. First, supply-side tightening: Coking enterprises, affected by environmental production restrictions and weak downstream demand, are maintaining low operating rates, leading to reduced crude benzene output and tight spot availability in the market. Second, strengthening cost support: Upstream coking coal prices have stabilized and rebounded, and coupled with rising coal tar processing costs under high-temperature weather, this has formed a solid bottom support for crude benzene prices. Third, release of downstream restocking demand: The price rebound of downstream products like pure benzene has boosted the purchasing enthusiasm of traders and downstream enterprises. The concentrated release of phased restocking demand has pushed the transaction focus higher.
The second-place performer is methyl ethyl ketone (MEK). The commodity's price increase chart for July 16th shows that the spot price for MEK rose by 7.73% in a single day, climbing from 7,333.33 yuan per ton yesterday to a latest price of 7,900 yuan per ton.
The price trend for MEK spot on July 16, 2026 shows a latest price of 7,900.0, a daily increase of +7.73%, a weekly increase of +9.72%, and a monthly increase of 0.00%. The data timestamp is 2026-07-16. The MEK spot price is 7,900.
The reasons behind the commodity's price increase are as follows: Methyl ethyl ketone (MEK) is an important organic solvent and chemical raw material, positioned downstream in the petrochemical industry chain, and is widely used in coatings, adhesives, artificial leather, and other fields. The main factors driving the price increase of MEK include the following points. First, supply-side disruptions: Unexpected force majeure events at major overseas production facilities or entry into concentrated maintenance periods have led to phased tightness in global supply, with expectations of reduced import volumes. Second, strong cost support: Upstream raw material prices, such as etherified C4, remain high, providing strong cost-side support for MEK prices and compressing the room for price concessions. Third, demand-side recovery: Downstream industries like coatings and adhesives have entered their traditional peak demand season. Combined with positive macroeconomic expectations, terminal purchasing enthusiasm has increased, and market trading activity has become more active.
Related stocks and their core business points are listed below. The company Kingfa Sci. & Tech. Co., Ltd, with a TTM P/E ratio of 31.05 and a total market capitalization of 83.79 billion yuan, is highlighted as the world's largest and most comprehensive modified plastics producer. The company Qixiang Tengda Co., Ltd, with a TTM P/E ratio of -36.92 and a total market capitalization of 11.35 billion yuan, is highlighted as a company under the Shandong SASAC, being the world's largest MEK producer by capacity and China's largest maleic anhydride producer by sales.
Please note that a commodity price increase does not guarantee a simultaneous rise in related stocks. Individual stocks are also influenced by performance, policies, and market sentiment. The above content is for reference only and is not intended as investment advice.
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