On April 24, Dongying Fuhai Weilian Petrochemical reduced its ex-factory price for benzene (petroleum benzene) by 100 yuan/ton, with the latest quotation at 8,403 yuan/ton. According to Chempricehub's assessment, the benzene market scored -1.5 on a bullish-bearish scale. The ex-factory price reduction of 100 yuan/ton to 8,403 yuan/ton reflects increased supply or weakened demand, exerting notable downward pressure on spot prices. Combined with futures data from the Dalian Commodity Exchange (e.g., the settlement price of the 2605 contract at 8,449 yuan/ton), the spot price is below the futures price and has been further reduced, which may lead to downward pressure on futures prices. It is expected that futures contracts will continue to weaken in the short term, although the magnitude of the reduction remains relatively moderate and has not reached extreme levels.
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