Spot prices for pure benzene in East China declined.

1. Daily Summary

Sinopec East China Sales Company's pure benzene price is set at 10,600 RMB/ton.
In Shandong, the estimated non-long-term contract trading volume was approximately 2,700 tons.

2. Spot Market Overview

Table 1: Domestic Pure Benzene Price Summary (Unit: RMB/ton)

Notes:

1. The prices listed are mainstream negotiation references.
2. Prices are cash ex-works basis, in RMB/ton.
3. Price changes are compared to the previous trading day's closing.

On October 21, spot negotiations for pure benzene in East China ranged from 10,230 to 10,480 RMB/ton, largely consistent with morning forecasts. International crude oil prices remained high, providing cost-side support and stabilizing market sentiment. Active port deliveries continued to draw down inventories, which remained at low levels. Limited spot circulation resources led holders to resist selling at lower prices. However, downstream margins remain under pressure, resulting in strong resistance to high raw material costs and limited willingness to chase higher prices.

3. Production Dynamics

4. Price Forecast

Spot offers from Shandong local refineries showed stable to slightly rising trends, with active buying interest. Prices are expected to remain stable tomorrow.

5. Related Products

On October 21, domestic styrene prices rose. In Jiangsu province, mainstream spot transactions closed at 11,150–11,400 RMB/ton, an average increase of 95 RMB/ton from the previous day. Crude oil prices continued their upward trend, supporting costs. Downstream buyers primarily purchased based on rigid demand, while some traders actively entered the market to cover short positions for next month, resulting in decent trading activity.

Data Source: Chempricehub Information
Remarks:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data with changes within 0–3%.