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Chempricehub Key Reminder: Jiangsu Xinhai Petrochemical's Benzene Quotation Raised
Published on 2026-04-07

April 7th News: On April 7th, Jiangsu Xinhai Petrochemical Co., Ltd. raised the quotation for pure benzene (petroleum benzene) by 100 yuan, with the latest quotation at 8,705 yuan per ton. Specific orders are subject to negotiation. Chempricehub analysis of pure benzene, long-short score: 1.5. The spot quotation for pure benzene increased by 100 yuan to 8,705 yuan per ton, indicating tightening market supply or strengthening demand, which directly benefits spot prices. Combined with futures data from April 3rd, 2026, the main contract for pure benzene (e.g., the 2605 closing price at 8,850 yuan per ton, up 226 yuan) continues to rise. This spot price increase may reinforce the bullish trend in futures, boosting bullish sentiment. However, the increase is not yet extreme, hence the rating is a relatively strong positive.

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