I. Key Focus:
Pure Benzene: Houthi rebels attacked Saudi energy facilities, heightening market concerns over supply risks. ICE Brent crude futures for the December contract rose by USD 0.37/bbl to USD 106.06, an increase of +0.35% compared to the previous period. With geopolitical tensions remaining high and supply risk concerns continuing to build, yesterday’s price hikes by major refiners stimulated spot buying in Shandong. Prices are expected to continue oscillating at elevated levels today.
II. Price List
| Region | Oct 15 | Oct 14 | Change |
|---|---|---|---|
| East China | 16,050 | 16,050 | 0 |
| Shandong | 15,800 | 15,800 | 0 |
| Remarks: | |||
| 1. The RMB prices for East China in the table above are ex-factory, acceptance bill (bank draft), tax-inclusive prices; the RMB prices for Shandong are ex-factory, cash, tax-inclusive prices. | |||
| 2. The two periods refer to point-in-time prices from the two weeks prior to this week, not weekly average prices. | |||
| 3. The change value represents the period-over-period fluctuation. |
III. Data List
| Aniline Industry Supply-Demand Data | ||||
|---|---|---|---|---|
| Data Type | 2026/10/8 | 2026/9/24 | Change Rate | Next Week Forecast |
| Capacity Utilization Rate | 87.68% | 84.72% | 2.96% | ↓ |
| Production Profit Margin | / | 21.63% | / | ↑ |
| Output | 8.96 | 8.66 | 0.30 | ↓ |
| 1. Capacity utilization rate is the ratio of actual output to production capacity, reflecting production metrics. | ||||
| 2. Production profit margin is industry-wide data, reflecting the overall profitability across mainstream regions, calculated as industry profit divided by average price. | ||||
| 3. Output refers to the weekly domestic aniline industry capacity, unit: 10,000 tons. |
IV. Market Outlook
Cost-side strength continues, while the aniline-benzene spread has narrowed, leading to a slight shift of profits along the industrial chain toward downstream sectors. To promote stable development of the industrial chain, the upward momentum in the aniline market has paused, with prices continuing to consolidate within a range.
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