On March 3rd, the market price of pure benzene in China continued to rise

March 3rd, according to news,

Product Name: Pure Benzene

Latest price: As of March 3, the average market price was 6,620 CNY per ton, up 4.2% from the previous trading day.

Analysis: Today, the market price of pure benzene in China continued to rise. The ongoing escalation of conflicts in the Middle East and the direct impact on the energy supply side have led to a significant increase in crude oil futures. This has provided clear support for pure benzene, which has risen strongly in tandem with oil prices. Sinopec has significantly raised its listed price to 6,600 CNY/ton, effective from March 3rd. Local refineries in Shandong province have increased their prices by about 300 yuan today, with factory prices mostly around 6,600-6,700 CNY/ton. Holders are reluctant to sell. It is expected that the pure benzene market in China will remain strong in the short term, with actual transactions negotiated on a case-by-case basis.

Figure: P-value Curve for Pure Benzene Products, January-March 2026