March 4th News On March 4th, Jiangsu Xinhai Petrochemical Co., Ltd. raised its benzene (petroleum benzene) quotation by 350 yuan, with the latest offer at 6,805 yuan per ton. Specific details are subject to negotiation. Chempricehub Analysis of Benzene, Bull-Bear Score: +2 Jiangsu Xinhai Petrochemical’s benzene quotation has been significantly raised by 350 yuan per ton to 6,805 yuan per ton, indicating tight supply or strong demand in the spot market, which directly benefits spot prices. Combined with the recent strong upward trend in benzene futures contracts (e.g., the 2604 contract closed at 6,761 yuan per ton, up 331 yuan), the new quotation being higher than the futures price may strengthen bullish sentiment and drive futures prices further upward. This news is a significant positive development, with a bull-bear score of +2, as the price increase is substantial and aligns with the upward trend in futures.