Sinopec News: End-of-month delivery, pure benzene market prices surge again

K-LinePoet · 2026-04-07T05:18:48+00:00

As of March 30, the mainstream market closing price for East China pure benzene was 9,055 yuan/ton, up 365 yuan/ton from the previous trading day. The geopolitical situation in the Middle East has intensified, and crude oil prices continue to rise. Additionally, yesterday was the last delivery day before the end of the month, prompting some short covering. Spot trading is active, and prices are supported relatively strongly. In the afternoon, as deliveries gradually concluded, the market cooled down slightly, but the main refinery listing prices were raised by 500 yuan/ton, providing further support at the bottom. Holders remain reluctant to sell at low prices, and pure benzene supply remains tight, with buyers relatively active. Looking ahead, ongoing conflicts in the Middle East keep international oil prices near four-year highs, and short-term pure benzene prices are expected to remain relatively strong. (Zhuochuang Information)

K-LinePoet

2026-04-07 05:18:48

As of March 30, the closing price of East China pure benzene in the mainstream market was 9,055 yuan/ton, up by 365 yuan/ton from the previous trading day. The geopolitical situation in the Middle East has heated up; crude oil prices continue to push higher. In addition, yesterday was the last delivery day before the end of the month. Some short positions covered. In the spot market, trading activity was active, and price support remained relatively strong. In the afternoon, as deliveries wrapped up one after another, the market cooled somewhat, but the major refining plants raised their listed prices by 500 yuan/ton, once again providing bottom support to the market. Traders holding inventory still showed strong sentiment to refrain from selling at low prices, and pure benzene supply is expected to remain tight going forward, with buying interest relatively active. Looking ahead, Middle East tensions continue. International oil prices closed at the highest level in nearly four years, and in the short term, pure benzene prices still have a slightly bullish outlook. (Zhuochuang Information)

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