USD-based benchmark price for imported European aromatic products

Note: Calculations are based on the daily closing price of Brent crude oil, using a fixed cost estimation formula (derived from standard USD contract settlement formulas), and incorporating changes in the daily premium/discount.

The benchmark prices in the table use imported European mixed aromatics as the reference. For USD benchmark prices of Asian, Korean, and other regional products, adjustments must be made according to their respective product densities. Contract prices in the table are negotiated and settled in USD; the RMB benchmark price is a reference value converted at the exchange rate of the day. These prices serve only as references for USD contract settlements and do not represent actual spot transaction prices for the day. For contracts involving letters of credit opened by third parties, the service fees charged by the party opening the letter of credit must be considered separately.