May 8 News – On May 8, Jiangsu Xinhai Petrochemical Co., Ltd. lowered its offer for pure benzene (petroleum benzene) by 80 yuan/ton, with the latest quotation at 8,605 yuan/ton; actual orders subject to negotiation. Chempricehub analysis for pure benzene: Bull-Bear Score: -1.

In the spot market, Jiangsu Xinhai Petrochemical reduced its pure benzene offer by 80 yuan/ton to 8,605 yuan/ton on May 8. The softening refinery offers have driven bearish sentiment in the spot market, which is negative for spot pure benzene prices.

In the futures market, on May 7, 2026, the main pure benzene contract (2606) on the Dalian Commodity Exchange (DCE) closed at 8,270 yuan/ton, down 254 yuan from the previous trading day. The market exhibits strong bearish sentiment. This spot price reduction is expected to further weigh on the trend of pure benzene futures.