On January 15, Jiangsu Xinhai Petrochemical Co., Ltd. increased its quotation for pure benzene (petroleum benzene) by 120 yuan, with the latest quotation at 5,525 yuan per ton. Specific details of actual orders are subject to negotiation. PriceSeek analysis of pure benzene, long-short rating: 1.5. Jiangsu Xinhai Petrochemical's spot quotation for pure benzene increased by 120 yuan to 5,525 yuan per ton, reflecting tight supply or increased demand in the spot market, which is favorable for spot prices. Combined with the general upward trend of recent pure benzene futures contracts (e.g., the 2603 contract closed at 5,707 yuan, up 115 yuan), the spot price increase may reinforce bullish expectations in the futures market, driving futures prices further upward. The rating is +1.5, as the increase is significant but not a major event, falling under the category of a significant positive development.
Comments
0