| Brent Crude (USD/bbl) | Change (USD/bbl) | Daily Discount (USD/bbl) | USD Benchmark Price (USD/mt) | Change (USD/mt) | Theoretical RMB Cost (CNY/mt) | Change (CNY/mt) |
|---|---|---|---|---|---|---|
| 116.72 (Brent Nov) | +3.55 | 27 | 1,130 | +27.91 | 9,197.49 | +218.13 |
| Data Source: Chempricehub |
Note: Calculations are based on the daily closing price of Brent crude oil, applying a fixed cost formula derived from standard USD contract settlement methods and incorporating changes in daily premiums/discounts.
The pricing in this table uses imported European mixed aromatics as the reference benchmark. For USD benchmark prices regarding Asia-Korea and other regions, product density must be taken into account. Contract negotiations are settled in USD; the RMB benchmark price is a reference value converted using the daily exchange rate. This price serves solely as a reference for USD contract settlement and does not reflect spot market transactions. For letter-of-credit agency sourcing, please factor in the LC agency service fees separately.
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