纯苯：短期偏强震荡

Report Summary - Industry Investment Rating: Short-term bullish and volatile [1] - Core View: The pure benzene market is expected to be bullish and volatile in the short term [1] Market Data - Futures Price: BZ2603 was at 6237, down 13 from the previous day; BZ2604 was at 6204, up 4; BZ2605 was at 6222, down 20 [1] - Spread: BZ2603 - EB2508 was -1085, down 13; BZ2603 - EB2509 was -1060, up 12; BZ2603 - EB2603 was -1169, up 14 [1] - Paper Price: N + 1 was at 6165, down 5; N + 2 was at 6145, down 10 [1] - Inventory: Pure benzene inventory at East China ports was 146,000 tons, down 17,000 tons; styrene inventory at East China ports was 138,680 tons, down 4,140 tons [1] News Summary - Inventory Change: As of August 11, 2025, the commercial inventory of pure benzene in Jiangsu ports was 146,000 tons, a month-on-month decrease of 10.43% and a year-on-year increase of 239.53% [2] - Trading Volume and Price: On August 13, the non - long - term agreement trading volume of Shandong pure benzene was about 600 tons, with an average price of 6245 yuan/ton, up 45 yuan/ton from the previous day [2] - Spot Negotiation: The spot negotiation price of East China pure benzene was stable, while the prices of August, September, and October deliveries decreased [2] Trend Strength - Pure Benzene: The trend strength of pure benzene was 0, indicating a neutral outlook [2]