I. Key Focus Areas
International Pure Benzene: FOB Korea rose by USD 12 to USD 1,157/ton; CFR China increased by USD 14 to USD 1,176/ton. FOB Rotterdam fell by USD 11 to USD 1,331/ton; FOB USG Gulf (USG) gained 2 cents to 568 cents/gallon.
Core Logic: The United States and Iran are scheduled to hold talks, leading the market to anticipate a easing of geopolitical tensions and a decline in international crude oil prices. ICE Brent futures (November contract) closed at USD 99.25/barrel, down USD 1.09/barrel (-1.09% week-over-week).
| Region | Sep 22 | Sep 21 | Change Rate |
|---|---|---|---|
| FOB Korea | 1157 | 1145 | 1.05% |
| CFR China | 1176 | 1162 | 1.20% |
| East China Market | 9850 | 9605 | 2.55% |
| Shandong Market | 9811 | 9699 | 1.15% |
| Notes: | |||
| 1. FOB Korea and CFR China pure benzene prices are in USD/ton; domestic pure benzene prices are in CNY/ton. | |||
| 2. Pure benzene prices reflect the average closing price of mainstream markets. | |||
| 3. All RMB prices in the table above are spot exchange rates, tax-inclusive, ex-warehouse prices. | |||
| 4. Change rate refers to the week-over-week percentage change. |
II. Market Outlook
International crude oil prices are under pressure and trending lower. However, geopolitical risks have not completely dissipated. The market is expected to open lower today and trade weakly with limited volatility.
| Data Item | Release Time | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Pure Benzene Port Inventory (East China) | Monday 16:00 PM | 44,000 tons | ↘ |
| Weekly Pure Benzene Capacity Utilization Rate | Thursday 18:00 PM | 70.06% | ↗ |
| Weekly Pure Benzene Profit | Thursday 18:00 PM | 1,746 CNY/ton | ↘ |
| 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicate narrow-range fluctuations, highlighting data with changes within 0–3%. |
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