Benzene

Hunan Petrochemical resumed production of 17 caprolactam units, increasing supply and pressuring spot prices. Meanwhile, pure benzene demand rises, supporting futures.

On May 13, Jiangsu Xinhai Petrochemical cut benzene (petroleum) price by 100 yuan to 8,325 yuan/ton. Futures contract 2606 closed at 8,178 yuan/ton, down 20 yuan, with reduced positions, signaling a b...

On May 9, Wudi Xinyue Rancheng lowered pure benzene (petroleum benzene) quotation by 150 yuan to 8,303 yuan/ton, with futures also falling, creating a bearish outlook.

On May 9, Jiangsu Xinhai Petrochemical cut benzene quote by 100 yuan to 8,505 yuan/ton. DCE benzene futures closed at 8,032 yuan/ton, down 271 yuan, with bearish pressure.

On May 9, Dongying Fuhai Weilian cut benzene ex-works price by 150 yuan to 8,303 yuan/ton. Futures also fell 271 yuan to 8,032 yuan/ton, with weak bearish sentiment.

Shandong Wantong reduced benzene price by 90 yuan to 8,317 yuan/tonne; futures main contract fell 271 yuan to 8,032 yuan/tonne. Short-term pressure expected.

On May 9, Dongming Petrochemical lowered benzene price by 150 yuan/ton to 8550 yuan/ton. Futures main contract fell 271 yuan/ton with reduced positions. Short-term benzene prices are expected to remai...

On May 8, Dongying Fuhai Weilian lowered benzene price by 150 yuan to 8,453 yuan/ton. Futures also fell, with main contract at 8,270 yuan/ton, indicating bearish trend.

On May 8, Shandong Wantong cut benzene price by 180 yuan to 8407 yuan/ton; futures fell 254 yuan to 8270 yuan/ton, with bearish sentiment (-1).

On May 8, Jiangsu Xinhai Petrochemical cut benzene price by 80 yuan to 8605 yuan/ton. Futures also fell, with DCE benzene 2606 closing at 8270 yuan/ton, down 254 yuan.