April 16, 2024 — On April 16, Dongming Petrochemical raised the price of pure benzene (petroleum benzene) by 100 yuan, with the latest quotation at 8,600 yuan per ton. Specific orders are subject to negotiation. Chempricehub's analysis of pure benzene shows a long-short score of 1.5. The spot price of pure benzene increased by 100 yuan to 8,600 yuan per ton, indicating tight supply or increased demand, which significantly benefits the spot market. Combined with futures data, recent contracts such as 2605 (closing price of 8,760 yuan per ton on April 15) may be driven higher by the spot price increase. Futures prices are expected to rise as the spot price adjustment reinforces bullish market sentiment, supporting long positions in futures.