ChemPriceHub Alert: Shouguang Yongkang's 1,2-Diphenoxyethane Project Announced

Recently, the annual production project of 2,400 tons of 1,2-diphenoxyethane by Shouguang Yongkang Chemical Industry Co., Ltd. has been accepted for public announcement on relevant websites. PriceSeek analysis of pure benzene, with a long-short rating: +1. This project, with an annual output of 2,400 tons of 1,2-diphenoxyethane, will increase the demand for pure benzene as a key raw material, benefiting spot prices, as the construction of new capacity may drive up procurement demand. The main futures contract for pure benzene, such as 2603, closed at 6,236 yuan/ton, with a change of +106, indicating a bullish market sentiment. This news may reinforce the upward trend in futures and support prices. The rating is a moderate positive +1, as the expectation of demand growth is clear, but the project is still in the public announcement stage, and its impact has not yet fully materialized.