December 29th News
On December 29th, Wudi Xinyue Ranhua Co., Ltd. raised its quotation for pure benzene (petroleum benzene) by 30 yuan, with the latest quotation at 5,303 yuan/ton. Specific details for actual orders are subject to negotiation.
Chempricehub Analysis of Pure Benzene
Bull-Bear Score: 1.5
The spot quotation has increased by 30 yuan to 5,303 yuan/ton, indicating tight market supply or increased demand. This directly benefits spot prices and may drive short-term price increases. In the futures market, recent contracts for pure benzene, such as 2603 (closing at 5,490, up 19) and 2604 (closing at 5,521, up 26), have generally risen, reflecting a positive trend. The increase in spot prices may reinforce bullish expectations in the futures market, supporting further price strength. The overall assessment is generally favorable or above.
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