CPL suppliers' inventory is actually not high either

CPL suppliers' inventory is actually not high either. The prices of other raw materials other than benzene have also generally dropped. The increase in the price of by-product ammonium sulfate can basically flatten the cost of liquid ammonia and sulfuric acid (ammonium sulfate 2,100yuan/mt, liquid ammonia 3,700-3,800yuan/mt. The production of one ton of CPL requires 0.6 tons of liquid ammonia, and yields about 1.6 tons of by-product ammonium sulfate). Therefore, according to the current strategy of following the decline of benzene, it is completely acceptable for CPL manufacturers to maintain a difference of 7,000yuan/mt with benzene.