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Home > News > Morning Market Insight for Pure Benzene

Morning Market Insight for Pure Benzene

Published on 2026-10-16

I. Key Points

  1. International Pure Benzene: FOB Korea fell by $29 to $1,244/ton; CFR China fell by $29 to $1,285/ton. FOB Rotterdam remained stable at $1,476/ton; FOB US Gulf Coast (USG) fell by 5 cents to 558 cents/gallon.
  2. Geopolitical & Demand Outlook: Tightening tensions in the Middle East continue to pose supply risks, while market sentiment regarding global demand remains pessimistic. ICE Brent crude futures (December contract) closed at $105.92/bbl, down $0.14/bbl (-0.13% WoW).
Region Oct 15 Oct 14 Change (%)
FOB Korea 1244 1273 -2.28%
CFR China 1285 1314 -2.21%
East China Market 10415 10800 -3.56%
Shandong Market 10503 10538 -0.33%
Notes:
1. Units for FOB Korea and CFR China pure benzene are USD/ton; units for domestic pure benzene are CNY/ton.
2. Prices reflect the closing average of mainstream markets.
3. All CNY prices in the table above are spot exchange rates, tax-inclusive, ex-works (self-pickup).
4. The change rate represents week-over-week variation.

II. Market Outlook

Sales slowed in the East China and Shandong markets yesterday, leading to price declines. With crude oil falling during the morning session, spot market weakness is expected to continue today.

Data Item Release Time Previous Period Expected Trend This Period
Pure Benzene Port Inventory (East China) Monday 16:00 50,000 tons ↗
Weekly Capacity Utilization Rate Thursday 18:00 70.34% ↗
Weekly Profit Margin Thursday 18:00 2,571 CNY/ton ↘
1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗ ↘ indicates minor fluctuation, highlighting data dimensions with changes within 0–3%.

Comments

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  • Hannah Berg 2026-10-16 10:03
    Benzene prices fell $29/ton amid weak downstream demand. While Middle East tensions pose supply risks, low capacity utilization and soft crude costs keep margins tight. I expect continued pressure until spot activity rec..
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