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Chempricehub Key Reminder: Analysis of the Positive Impact of Dongming Petrochemical's Benzene Price Increase
Published on 2026-03-07
On March 6, Dongming Petrochemical raised the price of pure benzene (petroleum benzene) by 350 yuan, with the latest quotation at 7,450 yuan per ton. Specific orders are subject to negotiation. Chempricehub's analysis of pure benzene gives a long-short score of 2. The report highlights that Dongming Petrochemical's spot price for pure benzene increased by 350 yuan to 7,450 yuan per ton, a significant rise (approximately 4.9%), indicating tight market supply or increased demand, which constitutes a major positive factor for the spot price of pure benzene. Combined with pure benzene futures data, such as the closing price of the 2604 contract at 7,546 yuan per ton (up 361 yuan) and the 2605 contract at 7,531 yuan per ton (up 333 yuan), the rise in spot prices reinforces bullish expectations in the futures market, potentially driving further upward movement in futures prices. Overall, this has a strong positive impact on the pure benzene market.