March 17th - According to news on March 17th, Dongying Fuhai Weilian Petrochemical has lowered the ex-factory price of pure benzene (petroleum benzene) by 500 yuan, with the latest quoted price at 7,903 yuan per ton. Chempricehub's analysis of pure benzene indicates a bearish rating of -1.5. The reduction of 500 yuan in the ex-factory price of pure benzene by Dongying Fuhai Weilian Petrochemical to 7,903 yuan per ton suggests increased price pressure on the supply side, reflecting market oversupply or weak demand, which significantly weighs on spot prices. Combined with futures data, the main pure benzene contracts, such as 2604 (closing price 8,443 yuan, down 169 yuan) and 2605 (closing price 8,500 yuan, down 159 yuan), have generally declined, with active trading volumes. Changes in open interest indicate a strengthening bearish sentiment in the market, and futures prices are expected to face short-term pressure. Considering the extent of the spot price reduction and the downward trend in futures, the rating is -1.5 (moderately bearish).