I. Key Points
Pure Benzene: Mediators including Qatar continue to promote U.S.-Iran peace talks, coupled with the recovery of Saudi crude oil supply, leading to a decline in international oil prices. The November ICE Brent futures contract closed at $102.59/barrel, down $2.69/barrel (-2.56% MoM). Yesterday marked the final day for September forward spot delivery; the market experienced a significant rally. Shandong sources were unable to arbitrage timely, widening the price gap with East China. Today is the last trading day before the holiday and enters October pricing; market prices are expected to fall.
II. Price Table
| Region | Sep 30 | Sep 29 | Change |
|---|---|---|---|
| East China | 15,020 | 14,720 | 300 |
| Shandong | 14,800 | 14,500 | 300 |
| Notes: | |||
| 1. East China RMB prices are ex-plant acceptance inclusive of tax; Shandong RMB prices are ex-plant cash inclusive of tax. | |||
| 2. Prices represent point-in-time values from the two weeks prior to this week, not weekly averages. | |||
| 3. Change values reflect month-over-month fluctuations. |
III. Data Table
| Aniline Industry Supply & Demand Data | ||||
|---|---|---|---|---|
| Data Type | 2026/9/17 | 2026/9/10 | Change Rate | Next Week Forecast |
| Capacity Utilization | 84.48% | 81.15% | 3.33% | ↑ |
| Production Profit Margin | 20.94% | 23.46% | -2.52% | ↑ |
| Output | 8.63 | 8.29 | 0.34 | ↑ |
| 1. Capacity utilization refers to the ratio of production plant output to capacity, reflecting production indicators. | ||||
| 2. Production profit margin is industry-wide data, reflecting the overall profitability situation in mainstream regions, calculated as industry profit divided by average price. | ||||
| 3. Output represents the domestic aniline industry's weekly production capacity, unit: 10,000 tons. |
IV. Market Outlook
Plans for maintenance shutdowns at multiple domestic units have emerged, and pure benzene listed prices have risen to year-to-date highs. Market sentiment remains optimistic, leading to moderate rational price increases for domestic aniline.
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