March 10th Pure Benzene Market Prices Significantly Reduced in China

March 10th, news:

Product Name: Pure Benzene

Latest price: As of March 10, the average market price was 9,670 CNY per ton, down 19.43% from the previous trading day.

Analysis: Today, the market price of pure benzene in China has significantly decreased. With the decline in international oil prices, the market price of pure benzene has also adjusted downward. Sinopec has reduced its listed price by 3,000 CNY per ton, setting it at 8,000 CNY per ton, effective from March 10th. Shandong's local refineries have collectively adjusted their factory prices today, mostly in the range of 8,500 to 10,000 CNY per ton. International oil prices and energy chemical product prices have both sharply fallen, and currently, the pure benzene market sentiment is unstable, requiring close attention to the trend of raw material prices.

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