Get the ChemPriceHub app — track prices on the go. Membership syncs across app & web. View plans

Welcome to ChemPriceHub

 
Home > News > ChemPriceHub Important Notice: Jiangsu Xinhai Petrochemical's Benzene Quotation ...

ChemPriceHub Important Notice: Jiangsu Xinhai Petrochemical's Benzene Quotation Has Been Raised

Published on 2026-01-30

On January 30, Jiangsu Xinhai Petrochemical Co., Ltd. raised the quotation for pure benzene (petroleum benzene) by 50 yuan, with the latest quotation at 6,085 yuan/ton. Specific prices are subject to negotiation. PriceSeek analysis of pure benzene, long-short rating: 1.5. Jiangsu Xinhai Petrochemical's spot quotation for pure benzene increased by 50 yuan to 6,085 yuan/ton, reflecting tight supply or increased demand in the spot market, which is favorable for spot prices. Combined with futures data, the main pure benzene contract 2603 closed at 6,161 yuan/ton, up 64 yuan, with a trading volume of 55,113 lots and an open interest of 31,570 lots, indicating an upward trend. The spot price adjustment may further support the upward movement of futures prices. Rating: +1.5 (moderate to significant positive), as the increase is moderate and futures data reinforce bullish expectations.

Comments

0
No comments yet.