USD-based reference pricing 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 prices calculated in the 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 prices negotiated 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 letter-of-credit agency sourcing, contract prices should independently account for the LC agency fees.