Pure Benzene Futures Basis Expands to 600 Yuan/Ton on June 30 Year-End Delivery

According to Jin10 Futures, on June 30, pure benzene in East China closed at 6,860 yuan/ton, up 310 yuan from the previous trading day, with the basis widening to 600 yuan/ton on the final delivery day of the month. The rally was driven by month-end delivery dynamics and concentrated inventory at East China ports, though downstream factory spot purchases remained subdued amid weak production and margin pressures.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments