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Morning Market Insight for Pure Benzene

Published on 2026-10-21

I. Key Points

  1. Overseas Pure Benzene: FOB Korea rose by USD 14 to USD 1,222/ton; CFR China rose by USD 10 to USD 1,251/ton. FOB Rotterdam fell by USD 5 to USD 1,407/ton; FOB US Gulf Coast (USGC) fell by 29 cents to 499 cents/gallon.
  2. Crude Oil: The market continues to assess the prospects of US-Iran dialogue, with supply risk concerns easing slightly. ICE Brent futures for December settled at USD 108.79/barrel, down USD 0.76 (-0.69% WoW).
Region Oct 20 Oct 19 Change (%)
FOB Korea 1222 1208 1.16%
CFR China 1251 1241 0.81%
East China Market 10390 10185 2.01%
Shandong Market 10236 10276 -0.39%
Notes:
1. FOB Korea and CFR China pure benzene prices are in USD/ton; domestic pure benzene prices are in CNY/ton.
2. Pure benzene prices represent the closing average of mainstream markets.
3. All RMB prices in the table above are spot foreign exchange inclusive tax ex-works prices.
4. The change rate is the week-over-week percentage change.

II. Market Outlook

The market witnessed high-volume transactions yesterday, and crude oil remained firm during the morning session. Therefore, today's market is expected to open higher and consolidate.

Data Item Release Time Previous Period Trend Forecast for Current Period
East China Port Inventory of Pure Benzene Monday 16:00 PM 44,000 tons ↗
Weekly Capacity Utilization Rate of Pure Benzene Thursday 18:00 PM 70.34% ↗
Weekly Profit Margin of Pure Benzene Thursday 18:00 PM 2,571 CNY/ton ↘
1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗ ↘ indicates narrow fluctuations, highlighting data with changes within 0-3%.

Comments

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  • Wei Zhang 2026-10-21 10:00
    East Asian benzene strength contrasts with Western softness, highlighting regional feedstock cost divergence. While easing crude supply risks support margins, mixed domestic trends suggest consolidation ahead. High tradi..
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