I. Key Focus Points
Overseas Pure Benzene: FOB Korea rose by USD 5 to USD 1,035/ton; CFR China rose by USD 5 to USD 1,059/ton. FOB Rotterdam rose by USD 11 to USD 1,108/ton; FOB USG fell by 1 cent to 354 cents/gallon.
Crude Oil: The market is monitoring the risk of renewed conflict between the U.S. and Iran, while mediators continue to push for peace talks. International oil prices edged up slightly. ICE Brent Futures (January contract) closed at USD 98.32/barrel, up USD 0.03/barrel (+0.03% week-on-week).
| Region | Nov 6 | Nov 5 | Change (%) |
|---|---|---|---|
| FOB Korea | 1035 | 1030 | 0.49% |
| CFR China | 1059 | 1054 | 0.47% |
| East China Market | 8370 | 8450 | -0.95% |
| Shandong Market | 8285 | 8476 | -2.25% |
| 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 reflect the average closing price of mainstream markets. | |||
| 3. All RMB prices in the table above are spot exchange rates, tax-inclusive, ex-warehouse prices. | |||
| 4. Change rate refers to the period-over-period variation. |
II. Market Outlook
The likelihood of a de-escalation in U.S.-Iran tensions remains strong. Pure benzene prices in Shandong fluctuated downward over the weekend. The pure benzene market is expected to maintain a weak, sideways trend this week.
| Data Item | Release Time | Previous Value | Trend Forecast |
|---|---|---|---|
| Pure Benzene Port Inventory (East China) | Monday 16:00 | 32,000 tons | ↘ |
| Weekly Pure Benzene Capacity Utilization Rate | Thursday 18:00 | 72.68% | ↗ |
| Weekly Pure Benzene Profit | Thursday 18:00 | 788 CNY/ton | ↘ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicates narrow fluctuations, highlighting data with changes within 0–3%. |
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