March 13th News — On March 13th, Dongying Fuhai Weilian Petrochemical lowered the ex-factory price of pure benzene (petroleum benzene) by 500 yuan, with the latest quotation at 8,003 yuan per ton. Chempricehub’s analysis of pure benzene shows a bearish score of -2. The spot price of pure benzene decreased by 500 yuan to 8,003 yuan per ton, indicating oversupply or weak demand in the market, which constitutes a significant bearish factor for the spot market. This price adjustment may reflect increasing inventory pressure on enterprises or weakening downstream demand, putting downward pressure on spot prices in the short term. In the futures market, pure benzene futures contracts such as 2604 (settlement price 8,563 yuan/ton) and 2605 (settlement price 8,462 yuan/ton) showed strong upward momentum in the March 12th data. However, the sharp decline in spot prices may lead to a widening gap between futures and spot prices, triggering arbitrage selling pressure, particularly affecting near-month contracts. It is expected that futures prices will face downward adjustment pressure, with market sentiment turning bearish. Investors should be cautious of short-term downside risks.