April 8th News — On April 8th, Jiangsu Xinhai Petrochemical Co., Ltd. lowered its quotation for pure benzene (petroleum benzene) by 150 yuan, with the latest offer at 8,555 yuan per ton. Specific transaction prices are subject to negotiation. Chempricehub's analysis of pure benzene indicates a bearish score of -1. The report notes that Jiangsu Xinhai Petrochemical reduced its spot quotation for pure benzene (petroleum benzene) by 150 yuan to 8,555 yuan per ton on April 8th, suggesting ample market supply or weak demand, which directly exerts downward pressure on spot prices, generally considered bearish. Combined with the latest futures market performance for pure benzene (e.g., the Dalian Commodity Exchange contract 2605 closed at 9,000 yuan, up 275 yuan), the spot price reduction may reinforce expectations of future price declines in the futures market, putting pressure on futures prices. The overall score of -1 reflects short-term downside price risks.