| Brent Crude (USD/bbl) | Change (USD/bbl) | Daily Discount (USD/bbl) | USD Benchmark Price (USD/ton) | Change (USD/ton) | Theoretical RMB Cost (CNY/ton) | Change (CNY/ton) |
|---|---|---|---|---|---|---|
| 102.59 (Brent Nov) | -2.69 | 27 | 1018.9 | -21.15 | 8351.89 | -172.75 |
| Source: Chempricehub Information |
Note: Calculations are based on the closing price of Brent crude oil for the day, using a fixed cost formula (derived from standard USD contract settlement formulas), and incorporating changes in daily premiums/discounts.
The prices in this table use imported European mixed aromatics as the reference benchmark. For USD benchmark prices in Asia-Korea and other regions, product density must be taken into account. Contract negotiations in the table are settled in USD; the RMB benchmark price is a reference value converted at the daily exchange rate. These prices serve only as references for USD contract settlements and do not represent spot transaction prices for the day. For contracts involving letters of credit issued on behalf of others, fees charged by the LC issuer must be considered separately.
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