Key Focus Points
International Benzene Prices: FOB Korea fell by USD 11 to USD 1,211/ton; CFR China dropped by USD 11 to USD 1,240/ton. FOB Rotterdam decreased by USD 1 to USD 1,406/ton; FOB USG (US Gulf Coast) declined by 21 cents to 478 cents/gallon.
Crude Oil: Instability in the Middle East persists, yet both Russia and Ukraine have signaled willingness for peace talks. ICE Brent futures (December contract) rose by USD 0.03 to USD 108.82/barrel, a week-on-week change of +0.03%.
| Region | Oct 21 | Oct 20 | Change Rate |
|---|---|---|---|
| FOB Korea | 1,211 | 1,222 | -0.90% |
| CFR China | 1,240 | 1,251 | -0.88% |
| East China Market | 10,355 | 10,390 | -0.34% |
| Shandong Market | 10,273 | 10,236 | 0.36% |
| 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 prices from mainstream markets. | |||
| 3. All RMB prices listed above are spot exchange rates, inclusive of tax, ex-works. | |||
| 4. The change rate refers to the period-over-period variation. |
The market maintained premium transactions yesterday, with crude oil remaining firm during the morning session. It is expected that today’s market will likely open higher and consolidate.
| Data Item | Release Time | Previous Period Value | Expected Trend for Current Period |
|---|---|---|---|
| Benzene Inventory at East China Ports | Monday 16:00 PM | 44,000 tons | ↗ |
| Weekly Benzene Capacity Utilization Rate | Thursday 18:00 PM | 70.34% | ↗ |
| Weekly Benzene Profit Margin | Thursday 18:00 PM | 2,571 CNY/ton | ↘ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicate narrow fluctuations, highlighting data with changes within 0–3%. |
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