I. Key Focus Points
International Benzene Prices: FOB Korea fell by USD 8 to USD 1,194/ton; CFR China dropped by USD 8 to USD 1,220/ton. Conversely, FOB Rotterdam rose by USD 46 to USD 1,287/ton, and FOB US Gulf Coast (USG) increased by 23 cents to 519 cents/gallon.
Core Logic: Disruption in Saudi crude oil pipeline transportation, coupled with sustained pressure from Houthi forces exacerbating supply risks, has supported prices. The ICE Brent November futures contract closed at USD 105.68/barrel, up USD 1.07 (+1.02% WoW).
| Region | Sep 14 | Sep 11 | Change Rate |
|---|---|---|---|
| FOB Korea | 1194 | 1202 | -0.67% |
| CFR China | 1220 | 1228 | -0.65% |
| East China Market | 9805 | 9580 | 2.35% |
| Shandong Market | 9526 | 9761 | -2.41% |
| Notes: | |||
| 1. FOB Korea & CFR China Benzene: USD/ton; Domestic Benzene: CNY/ton. | |||
| 2. Benzene prices reflect the closing average of mainstream markets. | |||
| 3. All RMB prices above are spot tax-inclusive ex-works prices. | |||
| 4. Change rate refers to week-on-week variation. |
II. Market Outlook
Crude oil remains firm due to Middle Eastern geopolitical tensions, providing cost and supply-side support for benzene. Yesterday’s market saw active trading, and prices are expected to continue fluctuating at high levels today.
| Data Item | Release Time | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Benzene Port Inventory (East China) | Monday 16:00 PM | 38,000 tons | ↗ |
| Weekly Benzene Capacity Utilization | Thursday 18:00 PM | 70.58% | ↗ |
| Weekly Benzene Profit Margin | Thursday 18:00 PM | 1,692 CNY/ton | ↗ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicates narrow-range fluctuations, highlighting data within a 0–3% change range. |
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