March 12 Pure Benzene Market Price Rises

March 12th, news:

Product Name: Pure Benzene

Latest price: As of March 12, the average market price was 8,506.67 CNY/ton, up 8.55% from the previous trading day.

Analysis: Today, the market price of pure benzene in China has increased. The international crude oil market price has risen, and after the opening of the Asian market, it surged significantly. As a result, the market price of pure benzene has also increased. Sinopec's listed price has been raised by 400 CNY/ton, to 8,400 CNY/ton, effective from March 12th. Shandong local refineries have also raised their quotations, with factory prices around 8,300-8,800 CNY/ton. Currently, the progress of the geopolitical conflict in the Middle East remains the primary focus, and at the same time, one must be cautious of negative factors. If the conflict eases, leading to a decline in the geopolitical premium on crude oil, the pure benzene market will still need to pay close attention to the trend of raw material prices.

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