I. Key Focus Areas
International Benzene Prices: FOB Korea fell by USD 10 to USD 1,202/ton; CFR China dropped by USD 11 to USD 1,228/ton. FOB Rotterdam rose by USD 15 to USD 1,241/ton; FOB USG remained stable at 496 cents/gallon.
Core Logic: Although tensions in the Middle East persist, diplomatic efforts are underway to ease risks. ICE Brent crude futures (November contract) declined by USD 3.02 to USD 104.61/barrel, a week-on-week change of -2.81%.
| Region | Sep 11 | Sep 10 | Change Rate |
|---|---|---|---|
| FOB Korea | 1,202 | 1,212 | -0.83% |
| CFR China | 1,228 | 1,239 | -0.89% |
| East China Market | 9,580 | 9,880 | -3.04% |
| Shandong Market | 9,761 | 9,686 | +0.77% |
| Notes: | |||
| 1. FOB Korea and CFR China benzene prices are in USD/ton; domestic benzene prices are in CNY/ton. | |||
| 2. Benzene prices represent the closing average of mainstream markets. | |||
| 3. All RMB prices listed above are spot foreign exchange inclusive-tax ex-works prices. | |||
| 4. The change rate refers to the period-over-period variation. |
II. Market Outlook
With the Middle East situation expected to de-escalate, the primary bullish factor previously supporting benzene is fading. Prices are forecasted to retreat from high levels this week.
| Data Item | Release Date | Previous Period Data | Current Period Trend Forecast |
|---|---|---|---|
| Benzene Inventory at East China Ports | Monday 16:00 PM | 36,000 tons | ↗ |
| Weekly Benzene Capacity Utilization Rate | Thursday 18:00 PM | 70.58% | ↗ |
| Weekly Benzene Profit Margin | Thursday 18:00 PM | 1,692 CNY/ton | ↗ |
| 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicates narrow-range fluctuation, highlighting data with changes within 0–3%. |
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