Pure Benzene Morning Briefing (2026-09-08)

I. Key Points

1. Overseas pure benzene: FOB Korea up $15 to $1,114/mt; CFR China up $16 to $1,139/mt. FOB Rotterdam up $4 to $1,190/mt; FOB USG closed.

2. Core logic: The US-Iran conflict remains unresolved, and Saudi oil facilities were attacked, extending supply-side risks and pushing international oil prices higher. ICE Brent crude futures for November delivery rose $0.72/bbl to $97/bbl, up 0.75% period-on-period.

Notes:

1. FOB Korea and CFR China pure benzene prices are in USD/mt; domestic pure benzene prices in RMB/mt.
2. Pure benzene prices are closing averages from mainstream markets.
3. RMB prices above are spot cash, tax-included, ex-works (self-pickup) prices.
4. Change rate is period-on-period change.

II. Market Outlook

International oil prices remain firm, supported by geopolitical risks, which boosts the cost side of pure benzene. Market supply has increased notably, while demand growth is limited. However, in the short term, the market is caught between cost support and expectations of weakening supply-demand fundamentals. Prices are expected to consolidate at high levels today.

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with a change of more than 3%.
2. ↗ ↘ indicates modest fluctuation, highlighting data with a change within 0–3%.