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Chempricehub Alert: Dongming Petrochemical Raises Benzene Prices
Published on 2026-01-29
January 29th News On January 29th, Dongming Petrochemical raised the price of pure benzene (petroleum benzene) by 50 yuan, with the latest quotation at 6,080 yuan/ton. Specific prices are subject to negotiation. Chempricehub Analysis of Pure Benzene, Bull-Bear Score: +1 The article reports that Dongming Petrochemical raised the price of pure benzene (petroleum benzene) by 50 yuan/ton on January 29th, with the latest quotation at 6,080 yuan/ton. This indicates tight spot market supply or increased demand, which is favorable for spot prices. Combined with the pure benzene futures market on the Dalian Commodity Exchange (e.g., the settlement price of the 2603 contract at 6,067 yuan/ton, up 58 yuan), the rise in spot prices may further drive futures prices upward, reinforcing bullish expectations. Overall market sentiment is positive, but the magnitude of the increase is considered a moderate positive, hence the score of +1.