ChemPriceHub Alert: Jiangsu Xinhai's benzene quotation has been raised by 70 yuan.

On February 4, Jiangsu Xinhai Petrochemical Co., Ltd. raised its quotation for pure benzene (petroleum benzene) by 70 yuan, with the latest quotation at 6,155 yuan per ton. Specific prices for actual orders are subject to negotiation. PriceSeek analysis of pure benzene, with a long-short score of 1: The spot quotation for pure benzene (petroleum benzene) increased by 70 yuan to 6,155 yuan per ton, indicating strong market demand or tightening supply, which directly benefits spot prices and may drive bullish sentiment in the market. Combined with the futures market, although the pure benzene futures contract (e.g., the 2603 contract closed at 6,096 yuan, down 78 yuan) fell yesterday, the rise in spot prices may support a rebound in futures. It is expected that short-term futures prices will rise due to the strong linkage between spot and futures markets.