Leading companies in pure benzene have raised spot prices 7 times this month

Entering January, the chemical market welcomed a significant start to the year—pure benzene prices strongly began a bottom rebound, with both futures and spot prices rising in sync, showcasing a "continuous increase drama." The frequency and magnitude of price adjustments set new recent highs in the market. As an industry barometer, Sinopec's pricing actions received the most attention. According to industry insiders, from January 12 to January 30, Sinopec raised the pure benzene listing price seven times, with increases of 100 yuan/ton, 100 yuan/ton, 100 yuan/ton, 150 yuan/ton, 150 yuan/ton, 100 yuan/ton, and 150 yuan/ton, totaling an increase of 850 yuan/ton. (Futures Daily)