March 11th News: On March 11th, Wudi Xinyue Ranhua Co., Ltd. lowered its quotation for pure benzene (petroleum benzene) by 1,500 yuan, with the latest quotation at 7,503 yuan per ton. Specific transaction details are subject to negotiation. Chempricehub's analysis of pure benzene, with a long-short rating of -2, indicates that the spot quotation for pure benzene has been reduced by 1,500 yuan to 7,503 yuan per ton, a decrease of 16.7%. This suggests an oversupply in the market or weak demand, posing a significant bearish pressure on spot prices. Considering futures data, although some contracts for the main pure benzene futures (such as the 2604 settlement price of 8,279 yuan, up by 132) on March 10, 2026, showed an increase, this substantial spot price reduction may intensify downward pressure in the futures market. Since spot prices serve as the basis for futures pricing, it is anticipated that futures contracts will face downward pressure. Investors should be cautious of short-selling risks.