March 17th News
On March 17th, Dongming Petrochemical reduced the price of pure benzene (petroleum benzene) by 500 yuan, with the latest quotation at 8,300 yuan/ton. Specific transaction details are subject to negotiation.

Chempricehub Analysis of Pure Benzene
Bull-Bear Score: -1.5
The article reports that Dongming Petrochemical has lowered the spot price of pure benzene by 500 yuan to 8,300 yuan/ton, reflecting oversupply or weak demand in the market, which constitutes a significant bearish factor for spot prices. Combined with data from the Dalian Commodity Exchange's pure benzene futures, the settlement price of the main contract 2604 fell by 169 points to 8,262 yuan/ton, with a trading volume of 35,011 lots and a decrease in open interest by 2,668 lots, indicating strong bearish sentiment in the market. This spot price reduction may further drag down futures prices, particularly putting pressure on near-month contracts.