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Chempricehub Important Reminder: Jiangsu Xinhai's benzene quotation has been raised by 100 yuan.
Published on 2026-03-03

March 3rd News: On March 3rd, Jiangsu Xinhai Petrochemical Co., Ltd. raised its quotation for pure benzene (petroleum benzene) by 100 yuan, with the latest quotation at 6,455 yuan/ton. Specific terms for actual orders are subject to negotiation. Chempricehub's analysis of pure benzene gives a bullish-bearish score of 1.5. The reason for the score: Jiangsu Xinhai Petrochemical raised its pure benzene quotation by 100 yuan to 6,455 yuan/ton, indicating tight supply or increased demand in the spot market, which is favorable for spot prices. Combined with data from the Dalian Commodity Exchange's pure benzene futures, such as the closing price of the 2604 contract at 6,761 yuan/ton, with a rise of 331 yuan, showing a strong upward trend in the futures market, this event may further drive up futures prices and support a bullish market.

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