April 1st News — On April 1st, Dongying Fuhai Weilian Petrochemical adjusted the ex-factory price of pure benzene (petroleum benzene) downward by 100 yuan, with the latest quoted price at 8,603 yuan/ton. Chempricehub's analysis of pure benzene indicates a bearish score of -1. The spot price of pure benzene decreased by 100 yuan to 8,603 yuan/ton, suggesting increased supply-side pressure or weak demand, which exerts a bearish impact on the spot market. Meanwhile, futures data show that the settlement price of major contracts, such as the 2605 contract, fell by 365 yuan to 8,546 yuan/ton, accompanied by a decrease in open interest, reflecting a strengthening bearish sentiment in the market that may further drag down futures prices. Considering both spot and futures performance, this price adjustment reinforces the downward price trend, with a rating of moderately bearish.
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