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Morning Market Note for Pure Benzene

Published on 2026-10-15

I. Key Points

  1. International Benzene Prices: FOB Korea rose by 12 USD to 1,273 USD/ton; CFR China rose by 11 USD to 1,314 USD/ton. FOB Rotterdam rose by 9 USD to 1,476 USD/ton; FOB US Gulf Coast (USG) rose by 18 cents to 563 cents/gallon.
  2. Geopolitical Impact: The Houthis attacked Saudi energy facilities, intensifying market concerns over supply risks. ICE Brent crude futures for the December contract closed at 106.06 USD/barrel, up 0.37 USD/barrel (+0.35% WoW).
Region Oct 14 Oct 13 Change Rate
FOB Korea 1273 1261 0.95%
CFR China 1314 1303 0.84%
East China Market 10800 10730 0.65%
Shandong Market 10538 10408 1.25%
Remarks:
1. FOB Korea and CFR China benzene prices are in USD/ton; domestic benzene prices are in CNY/ton.
2. Benzene prices reflect the closing average of mainstream markets.
3. All RMB prices in the table above are spot exchange rates, tax-inclusive, ex-works pickup prices.
4. Change rate refers to week-on-week variation.

II. Market Outlook

Geopolitical tensions remain high, and concerns over supply risks continue to escalate. Yesterday’s price hike by major refiners stimulated buying interest in Shandong spot markets. Today, prices are expected to maintain high-level volatility.

Data Item Release Date Previous Period Data Current Trend Forecast
East China Port Benzene Inventory Monday 16:00 PM 50,000 tons ↗
Weekly Benzene Capacity Utilization Rate Thursday 18:00 PM 71.01% ↗
Weekly Benzene Profit Margin Thursday 18:00 PM 2,495 CNY/ton ↗
1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗ ↘ indicates narrow-range fluctuation, highlighting data within a 0–3% change range.

Comments

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  • Priya Kapoor 2026-10-15 10:01
    Geopolitical supply shocks are driving benzene prices higher, squeezing downstream margins for styrene and nylon producers. With capacity utilization already tight, this volatility raises feedstock costs significantly. I..
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