On February 9, Jiangsu Xinhai Petrochemical Co., Ltd. lowered its quotation for pure benzene (petroleum benzene) by 50 yuan, with the latest quotation at 6,055 yuan/ton. Specific prices are subject to negotiation. PriceSeek analysis of pure benzene, bullish-bearish score: -1. Jiangsu Xinhai Petrochemical's spot quotation for pure benzene decreased by 50 yuan/ton to 6,055 yuan/ton, reflecting oversupply or weak demand in the spot market, exerting downward pressure on prices. Combined with the latest futures data for pure benzene (e.g., the closing price of the 2603 contract at 6,024 yuan/ton, down 21 yuan, with a trading volume of 22,248 lots), market sentiment is bearish. The downward adjustment in spot prices may further drag down futures contracts, leading to short-term price pressure. The score is moderately bearish (-1), as the adjustment is moderate and the futures trend is downward, but it does not reach the level of a significant bearish factor.
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