February 9th News — On February 9th, Dongying Fuhai Weilun Petrochemical lowered the ex-factory price of pure benzene (petroleum benzene) by 50 yuan, with the latest quotation at 6,053 yuan/ton.
Chempricehub's analysis of pure benzene: Bull-bear score: -1.
Dongying Fuhai Weilun Petrochemical reduced the ex-factory price of pure benzene by 50 yuan to 6,053 yuan/ton, reflecting ample spot market supply or weak demand, which directly weighs on spot prices and may put pressure on the overall market price. Combined with futures data, pure benzene contracts such as 2603 closed at 6,024 yuan (down 21 yuan) and 2604 closed at 6,054 yuan (down 11 yuan), indicating a general decline in futures prices with limited changes in open interest, suggesting bearish market sentiment. The reduction in spot prices may reinforce the downward trend in futures, with an overall moderately bearish impact.