Sinopec Economics: Cost and supply-demand support, pure benzene remains at a high level

K-LinePoet · 2026-04-08T14:22:08+00:00

As of April 3rd, the mainstream market closing price for pure benzene in East China is 8,755 yuan/ton, up 200 yuan/ton from the previous trading day. On the last trading day, geopolitical tensions remained unstable, crude oil prices rose again, and the active trading atmosphere in Shandong contributed to high listing prices from major refineries, driving the bottom of pure benzene prices to rebound. Looking ahead, it is difficult for the US and Iran to reach a ceasefire, and with increased load reductions at Japanese, Korean, and domestic facilities compared to March, it is expected that pure benzene supply will be tight in April. In the short term, pure benzene prices are still expected to remain relatively strong. (Zhuochuang Information)

K-LinePoet

2026-04-08 14:22:08

As of April 3, the benchmark market’s closing price for East China pure benzene was 8,755 yuan per ton, up 200 yuan per ton from the previous trading day. On the previous trading day, geopolitical conditions remained unstable, crude oil rose again, and in addition, trading activity in Shandong was active. With leading refineries’ listed prices kept at high levels, pure benzene prices rebounded from the bottom. Looking ahead, the United States and Iran are unlikely to stop hostilities, and in addition, the number of reduced-load operations in Japanese, Korean, and domestic facilities has increased compared with March. It is expected that pure benzene supply in April will be tight, and in the short term, pure benzene prices still have a stronger outlook. (ZhuoChuang Information)

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