May 9 News – On May 9, Dongming Petrochemical reduced its benzene (petroleum benzene) price by 150 yuan/ton, with the latest quotation at 8,550 yuan/ton. Actual transaction details are negotiable.
Chempricehub Analysis on Benzene:
Bullish-Bearish Rating: -1
On the spot side, Dongming Petrochemical lowered its benzene quotation on May 9 by 150 yuan/ton to 8,550 yuan/ton. The enterprise's weak price adjustment exerts a mildly bearish impact on spot prices.
In the futures market, as of May 8, 2026, the main benzene futures contract (2606) on the Dalian Commodity Exchange closed at 8,032 yuan/ton, down 271 yuan/ton from the previous trading day. Open interest decreased by 766 lots. The overall short-term market sentiment remains bearish, suggesting that benzene prices are likely to continue weakening in the near term.
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