| Brent Crude (USD/bbl) | Change (USD/bbl) | Daily Discount (USD/bbl) | USD Benchmark Price (USD/mt) | Change (USD/mt) | Theoretical RMB Cost (CNY/mt) | Change (CNY/mt) |
|---|---|---|---|---|---|---|
| 92.57 (Brent Nov) | -5.75 | 27 | 940.12 | -45.21 | 7674.07 | -366.34 |
| Data Source: Chempricehub Information |
Note: Calculations are based on the daily closing price of Brent crude oil, using a fixed cost estimation formula (derived from standard USD contract settlement formulas), and incorporating changes in daily premiums/discounts.
The benchmark prices in this table use imported European mixed aromatics as the reference. For USD benchmark prices in Asia-Korea and other regions, adjustments should be made according to product density. Contract negotiations listed in the table are settled in USD; the RMB benchmark price is a reference value converted at the daily exchange rate. These prices serve solely as references for USD contract settlements and do not reflect spot market transactions. For letter-of-credit agency sourcing contracts, the commission fees charged by the LC issuing agent must be considered separately.
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