March 23rd News
On March 23rd, Wudi Xinyue Ranhua Co., Ltd. raised the quotation for pure benzene (petroleum benzene) by 430 yuan, with the latest price set at 8,303 yuan per ton. Specific terms are subject to negotiation.

Chempricehub Analysis of Pure Benzene
Bull-Bear Score: 1.5
The spot price of pure benzene has been significantly raised by 430 yuan to 8,303 yuan per ton, indicating tight market supply or increased demand, which is favorable for spot prices. Combined with data from the Dalian Commodity Exchange’s pure benzene futures, such as the recent closing price of 8,333 yuan for the 2605 contract but showing a downward trend, the new quotation may boost sentiment in the futures market, driving a rebound in the contract and creating an overall bullish market outlook.