USD benchmark valuation for imported European aromatics-related products

Note: The calculation is based on the same-day Brent crude oil closing price, using the fixed-cost calculation formula (taken from the standard USD contract price settlement formula) together with the same-day change in discount/premium.

The prices calculated in the table use imported European mixed aromatics as the reference benchmark; for USD benchmark prices in Asia-Korea and other regions, the product density must be taken into account. Contract prices in the table are negotiated on a USD-settlement basis, and the RMB benchmark price is a reference value converted at the same-day exchange rate. This price serves only as a reference for USD contract price settlement and does not represent same-day spot transactions for individual cargoes. For cargoes sourced under an agency letter of credit (LC), the handling fees charged by the LC-issuing party must be taken into account separately.