January 16th News: On January 16th, Jiangsu Xinhai Petrochemical Co., Ltd. reduced its quotation for pure benzene (petroleum benzene) by 60 yuan, with the latest quotation at 5,465 yuan per ton. Specific terms are subject to negotiation. Chempricehub Analysis of Pure Benzene: Bull-Bear Score: -1 Jiangsu Xinhai Petrochemical Co., Ltd. lowered its quotation for pure benzene (petroleum benzene) by 60 yuan to 5,465 yuan per ton on January 16th, indicating ample market supply or weakening demand. This exerts direct downward pressure on spot prices and represents a bearish signal. Combined with data from the Dalian Commodity Exchange’s pure benzene futures contracts (e.g., the closing price of the 2603 contract at 5,648 yuan), the reduction in spot prices may drag down futures prices, as futures prices typically reflect spot trends. The current price difference may intensify market bearish expectations. A score of -1.0 indicates a generally bearish impact.