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Chempricehub Important Notice: Dongming Petrochemical's Benzene Price Significantly Reduced
Published on 2026-03-11
March 11th News: On March 11th, Dongming Petrochemical reduced the price of pure benzene (petroleum benzene) by 1,500 yuan, with the latest quotation at 8,500 yuan/ton. Actual transaction prices are subject to negotiation. Chempricehub analysis of pure benzene, long-short score: -2. Dongming Petrochemical lowered the spot price of pure benzene (petroleum benzene) by 1,500 yuan to 8,500 yuan/ton on March 11th, indicating market oversupply or weak demand, which constitutes a significant bearish factor for spot prices and may trigger a chain reaction of declines. Combined with recent futures data (such as the Dalian Commodity Exchange contract 2612 settlement price of 6,963 yuan/ton, with a change of -522 on March 10th), the substantial spot price reduction will intensify downward pressure on futures. It is expected that futures contract prices may decline further, and investors should be cautious of short-term bearish risks.