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ChemPriceHub Alert: Xin Hai Petrochemical's benzene quotation has been lowered by 30 yuan.
Published on 2026-02-06

On February 6, Jiangsu Xinhai Petrochemical Co., Ltd. reduced its quotation for pure benzene (petroleum benzene) by 30 yuan, with the latest quotation at 6,125 yuan per ton. Specific details for actual orders are subject to negotiation. PriceSeek's analysis of pure benzene indicates a bearish score of -1. The article reports that Jiangsu Xinhai Petrochemical's spot quotation for pure benzene decreased by 30 yuan to 6,125 yuan per ton, suggesting ample market supply or weak demand, leading to downward pressure on spot prices, which constitutes a bearish factor. Combined with pure benzene futures data, the settlement price of the main contract 2603 on February 5 was 6,182 yuan per ton. The decline in spot prices today may transmit to the futures market, triggering expectations of price declines. In particular, the recent reduction in open interest for near-month contracts indicates weakening market confidence, thereby exerting bearish pressure on futures prices. The comprehensive score is -1, indicating a generally bearish outlook.

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