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Chempricehub Alert: On May 13, Jiangsu Xinhai Petrochemical lowered its benzene quotation.
Published on 2026-05-13

May 13 News – On May 13, Jiangsu Xinhai Petrochemical Co., Ltd. lowered its benzene (petroleum benzene) quotation by 100 yuan/ton, with the latest quote at 8,325 yuan/ton, subject to negotiation on actual orders. Chempricehub analysis: benzene long-short rating: -1. On the spot side, Jiangsu Xinhai Petrochemical reduced its petroleum benzene quotation by 100 yuan/ton to 8,325 yuan/ton on May 13, with the weakening spot quote exerting bearish pressure on spot benzene prices. On the futures side, the Dalian Commodity Exchange benzene main contract 2606 closed at 8,178 yuan/ton on May 12, 2026, down 20 yuan/ton from the previous trading day, with open interest decreasing by 521 lots. The overall market trend was weak, and combined with bearish spillover from the spot market, this exerted downward pressure on benzene futures prices.

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