March 16th News
On March 16th, Wantong Petrochemical raised the price of pure benzene (petroleum benzene) by 30 yuan, with the latest quotation at 7,837 yuan/ton. Specific prices for actual orders are subject to negotiation.
Chempricehub Analysis of Pure Benzene
Bull-Bear Score: 1.5
The article indicates that the spot price of pure benzene has increased by 30 yuan to 7,837 yuan/ton, suggesting tightening market supply or strengthening demand, which directly benefits the spot price. Combined with futures data, pure benzene futures contracts, such as the 2604 closing at 8,451 yuan/ton (up 101 yuan) and the 2605 closing at 8,510 yuan/ton (up 215 yuan), show significant gains. Changes in open interest reflect active market participation, reinforcing bullish expectations.
Integrating spot and futures data, this price adjustment confirms an upward trend, providing strong positive support for the market outlook.
Comments
0