纯苯：短期偏强，偏弱震荡

1. Report Industry Investment Rating - The investment rating for the pure benzene industry is that it is "strong in the short term and will fluctuate weakly" [1] 2. Core Viewpoints - The short - term trend of pure benzene is strong, followed by a weak fluctuation [1] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - Futures prices: BZ2603 was 6019 (up 13 from the previous day), BZ2604 was 5995 (up 14), BZ2605 was 6020 (up 8) [1] - Spread data: BZ2603 - EB2508 was - 1104 (down 310), BZ2603 - EB2509 was - 943 (up 13), etc. [1] - Paper - cargo prices: N + 1 was 5930 (up 15), N + 2 was 5940 (up 10) [1] - Inventory data: Pure benzene East - China port inventory was 14.4 (down 0.5), styrene East - China port inventory was 126930 (up 310) [1] - Price differences: Shandong pure benzene price - hydrogenated benzene price was 50 (up 110), Shandong pure benzene price - East - China pure benzene price was - 10 (up 10) [1] 3.2 News - As of September 8, 2025, the commercial inventory of pure benzene in Jiangsu ports was 14.4 million tons, a month - on - month decrease of 3.36% and a year - on - year increase of 260.00% [2] - From August 24 to August 31, the estimated arrival was about 1.75 million tons and the estimated pick - up was about 2.25 million tons [2] - On September 10, the non - long - term - agreement trading volume of Shandong pure benzene was about 2500 tons, with an average price of 5905 yuan/ton, up 10 yuan/ton from the previous day [2] - East - China pure benzene spot negotiation was at 5910 - 5920 (average 5915, stable), September delivery was at 5920 - 5940 (average 5930, up 15), etc. [2] 3.3 Trend Intensity - The trend intensity of pure benzene is 0, indicating a neutral trend [2]