January 23 News On January 23, Jiangsu Xinhai Petrochemical Co., Ltd. raised its pure benzene (petroleum benzene) quotation by 40 yuan, with the latest quotation at 5,855 yuan/ton. Actual transaction prices are subject to negotiation. Chempricehub Analysis of Pure Benzene Bullish-Bearish Score: 1 Scoring Reason: The spot quotation for pure benzene has increased by 40 yuan to 5,855 yuan/ton, indicating tightening market supply or strengthening demand, which is favorable for spot prices. Combined with the general rise in near-term futures contracts for pure benzene (e.g., the 2603 contract closing at 6,000 yuan/ton), the spot price increase may reinforce expectations of further futures price rises, driving prices higher. Overall, the market outlook is bullish.