International Benzene Prices: FOB Korea rose by USD 2 to USD 1,177/ton; CFR China rose by USD 2 to USD 1,198/ton. FOB Rotterdam increased by USD 14 to USD 1,399/ton, while FOB US Gulf Coast (USGC) remained stable at 566 cents/gallon.
Core Logic: Iran has proposed a seven-day plan to the United States to advance peace negotiations. If accepted by the U.S., the Strait of Hormuz would be fully reopened. Meanwhile, ICE Brent crude futures for November delivery fell by USD 2.28 to USD 104.32/bbl, a decrease of 2.14% from the previous period.
| Region | Sep 25 | Sep 24 | Change Rate |
|---|---|---|---|
| FOB Korea | 1,177 | 1,175 | 0.17% |
| CFR China | 1,198 | 1,196 | 0.17% |
| East China Market | -- | 10,250 | -- |
| Shandong Market | -- | 9,811 | -- |
| Notes: | |||
| 1. International benzene prices (FOB Korea, CFR China) are in USD/ton; domestic benzene prices are in CNY/ton. | |||
| 2. Domestic prices reflect the closing average of mainstream markets. | |||
| 3. All RMB prices listed above are spot exchange rates, tax-inclusive, and ex-works (self-pickup). | |||
| 4. The change rate refers to the period-over-period percentage change. |
With renewed expectations of easing tensions in the strait, and following the conclusion of September deliveries, benzene prices are forecasted to decline. It is expected that benzene prices will likely retreat from current highs this week.
| Data Item | Release Time | Previous Period Data | Current Trend Forecast |
|---|---|---|---|
| Benzene Inventory at East China Ports | Monday, 16:00 | 44,000 tons | ↘ |
| Weekly Benzene Capacity Utilization Rate | Thursday, 18:00 | 71.77% | ↗ |
| Weekly Benzene Profit Margin | Thursday, 18:00 | 1,631 CNY/ton | ↘ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. | |||
| 2. ↗ ↘ indicate narrow-range fluctuations, highlighting data within a 0–3% change range. |
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