April 28 News – On April 28, Dongying Fuhai Weilan Petrochemical increased its ex-factory price for benzene (petroleum benzene) by 50 yuan to 8,503 yuan per ton. According to Chempricehub's analysis of benzene, the bullish-bearish score stands at 1. The ex-factory price hike of 50 yuan to 8,503 yuan/ton reflects either increased supply-side costs or a recovery in demand, which is directly bullish for spot prices. Combined with the performance of recent benzene futures contracts—such as the 2605 contract closing at 8,567 yuan/ton with a positive change—the spot price increase may narrow the basis and push futures prices higher, reinforcing bullish market expectations.
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