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Chempricehub Important Reminder: WanTong Petrochemical's Benzene Price Significantly Reduced
Published on 2026-03-10
March 10th News: On March 10th, Wantong Petrochemical reduced the price of pure benzene (petroleum benzene) by 3,000 yuan, with the latest quotation at 9,007 yuan per ton. Specific prices are subject to negotiation. Chempricehub analysis of pure benzene, long-short score: -2. Wantong Petrochemical lowered the price of pure benzene (petroleum benzene) by 3,000 yuan to 9,007 yuan per ton, a significant decrease (approximately 25%), indicating oversupply or weak demand in the spot market, constituting a major bearish factor. Combined with data from the Dalian Commodity Exchange pure benzene futures (such as the 2604 contract closing at 8,155 yuan, up 733; the 2605 contract closing at 8,109 yuan, up 714), although recent futures prices have shown an upward trend, the substantial reduction in spot prices may trigger adjustments in the futures market. It is expected that futures prices will face downward pressure, with an overall negative impact.