March 5th News: On March 5th, Wantong Petrochemical raised the price of pure benzene (petroleum benzene) by 650 yuan, with the latest quotation at 7,317 yuan/ton. Specific prices for actual orders are subject to negotiation. Chempricehub's analysis of pure benzene, with a long-short score of 2, indicates that the spot price has increased by 650 yuan to 7,317 yuan/ton, a significant rise (approximately 9.7%), suggesting tight market supply or strong demand, which is favorable for the pure benzene spot market. Data from the futures market shows that the settlement prices of major contracts, such as 2604 at 7,053 yuan (change +226) and 2605 at 7,039 yuan (change +174), have increased, with active trading volumes (e.g., 2604 trading volume of 56,271 lots) and positive changes in open interest, reinforcing bullish expectations. Considering both spot and futures data, the current market situation is a significant positive.
Comments
0