I. Key Points
International Pure Benzene: FOB Korea rose by $5 to $1,250/ton; CFR China rose by $5 to $1,279/ton. FOB Rotterdam fell by $29 to $1,376/ton; FOB USG (US Gulf) fell by 13 cents to 472 cents/gallon.
Crude Oil: Multiple parties continue efforts to de-escalate tensions in the Middle East, alleviating concerns over supply risks, leading to a decline in international crude oil prices. ICE Brent futures for December delivery closed at $113.88/bbl, down $1.93/bbl.
| Region | Oct 27 | Oct 26 | Change Rate |
|---|---|---|---|
| FOB Korea | 1250 | 1245 | 0.40% |
| CFR China | 1279 | 1274 | 0.39% |
| East China Market | 10465 | 10495 | -0.29% |
| Shandong Market | 10203 | 10428 | -2.16% |
| Notes: | |||
| 1. Units: 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 average closing price of mainstream markets. | |||
| 3. All RMB prices in the table above are spot exchange rates, tax-inclusive, ex-works pickup prices. | |||
| 4. The change rate refers to the period-over-period percentage change. |
II. Market Outlook
Yesterday’s weakness in crude oil significantly dampened sentiment in the East China market. The Shandong market maintained floor-price sales. However, given that early morning crude oil prices remained firm today, we expect the market to open low with a wait-and-see attitude this morning.
| Data Item | Release Time | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| East China Port Inventory of Pure Benzene | Monday 16:00 PM | 27,000 tons | ↘ |
| Weekly Capacity Utilization Rate of Pure Benzene | Thursday 18:00 PM | 70.48% | ↗ |
| Weekly Profit Margin of Pure Benzene | Thursday 18:00 PM | 2,387 CNY/ton | ↘ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicates narrow-range fluctuations, highlighting data with changes within 0–3%. |
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