USD Benchmark Valuation for Imported European Aromatic Products

Note: Calculations are based on the same-day closing price of Brent crude oil, using a fixed cost estimation formula (derived from standard USD contract settlement formulas), and adjusted for same-day changes in premium/discount levels.

The prices in this table use imported European mixed aromatics as the reference benchmark. For USD benchmark prices in Asia, Korea, and other regions, adjustments must be made according to the specific product densities. Contract negotiations listed in the table are settled in USD; the RMB benchmark price is a reference value converted at the same-day exchange rate. These prices serve solely as references for USD contract settlements and do not represent actual spot transaction prices for the day. For contracts involving letter-of-credit issuance on behalf of others, the issuer's handling fees must be considered separately.