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Chempricehub Key Reminder: Benzene price increased by 710 yuan, benefiting the market.
Published on 2026-03-12
March 12th News — On March 12th, Wantong Petrochemical raised the price of pure benzene (petroleum benzene) by 710 yuan, with the latest quoted price at 8,217 yuan per ton. Specific orders are subject to detailed negotiation. Chempricehub's analysis of pure benzene, with a bullish-bearish score of +2: The spot price of pure benzene has increased by 710 yuan to 8,217 yuan per ton, indicating tight market supply or a surge in demand, which constitutes a significant positive factor for the spot price. Combined with futures data, the closing price of the main pure benzene futures contract for March 11, 2026 (e.g., contract 2604) was 8,047 yuan per ton. The rise in spot prices is expected to drive futures prices upward, as futures pricing is based on spot price expectations. The widening price gap suggests potential for futures to catch up, reflecting an overall positive market sentiment. Therefore, a significant bullish score of +2 is assigned.