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Chempricehub alert: Shandong Wantong's benzene price raised by 40 yuan.
Published on 2026-04-27

April 27 News - On April 27, Shandong Wantong Petrochemical Group raised the price of benzene (petroleum benzene) by RMB 40/ton, with the latest quote at RMB 8,457/ton, negotiable for firm orders. According to Chempricehub's analysis of benzene, the bullish/bearish score is 1. An article indicates that Shandong Wantong Petrochemical Group increased the spot price of benzene by RMB 40/ton on April 27, with the latest quote at RMB 8,457/ton, suggesting tightened market supply or increased demand, which is favorable for spot prices. Combined with the benzene futures data from April 24, 2026 (e.g., contract 2605 closing at RMB 8,508/ton, up RMB 61), the spot price increase may drive a continuation of the upward trend in futures prices, particularly with near-month contracts being strongly supported by spot prices. However, the price increase of RMB 40 is relatively moderate, representing a general bullish factor, with a score of +1.

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