International Benzene Prices: FOB Korea rose by USD 6 to USD 1,198/ton; CFR China rose by USD 6 to USD 1,230/ton. FOB Rotterdam fell by USD 5 to USD 1,329/ton; FOB US Gulf Coast (USG) remained stable at 442 cents/gallon.
Crude Oil: International crude oil prices rose as markets focused on the potential escalation of US-Iran tensions and increased supply risks due to Houthi attacks on Saudi Arabia. ICE Brent futures for December delivery closed at USD 117.64/barrel, up USD 2.76 or +2.40% from the previous session.
| Region | Oct 30 | Oct 29 | Change Rate |
|---|---|---|---|
| FOB Korea | 1198 | 1192 | 0.50% |
| CFR China | 1230 | 1224 | 0.46% |
| East China Market | 10065 | 10235 | -1.66% |
| Shandong Market | 10076 | 10078 | -0.02% |
| Notes: | |||
| 1. FOB Korea and CFR China benzene prices are in USD/ton; domestic benzene prices are in CNY/ton. | |||
| 2. Benzene prices reflect the average closing price in mainstream markets. | |||
| 3. All CNY prices in the table above are spot exchange rates, tax-inclusive, ex-works prices. | |||
| 4. The change rate refers to the week-over-week percentage change. |
Friday's firm crude oil prices pushed night session trading higher. However, weekend negotiations in the Shandong market weakened, combined with lower opening crude oil prices on Monday morning. The market is expected to open lower and trade in a range-bound manner early this week.
| Data Item | Release Time | Previous Value | Current Trend Forecast |
|---|---|---|---|
| Benzene Port Inventory (East China) | Monday 16:00 | 27,000 tons | ↘ |
| Weekly Benzene Capacity Utilization Rate | Thursday 18:00 | 72.98% | ↗ |
| Weekly Benzene Profit Margin | Thursday 18:00 | 1,799 CNY/ton | ↘ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicates narrow-range fluctuations, highlighting data with changes within 0–3%. |
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