纯苯产业日报 2025-11-26 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 主力收盘价:纯苯(日,元/吨) | 5463 | 52 主力结算价:纯苯(日,元/吨) | 5434 | 4 | | | 主力成交量:纯苯(日,手) 市场价:纯苯:华东市场:主流价(日,元/吨) | 13715 5300 | 4225 主力持仓量:纯苯(日,手) -25 市场价:纯苯:华北市场:主流价(日,元/吨) | 23294 5290 | 579 0 | | | 市场价:加氢苯:江苏地区:主流价(日,元/吨 | | 市场价:加氢苯:山西地区:主流价(日,元/吨 | | | | | 市场价:纯苯:华南市场:主流价(日,元/吨) | 5300 | 0 市场价:纯苯:东北地区:主流价(日,元/吨) | 5202 | 20 | | 现货市场 | | 5375 | 0 | 5150 | 0 | | ) | 现货价:纯苯:韩国:离岸中间价(日,美元/吨 | 646 | ) -6 现货价:纯苯:中国:到岸价( ...

日度K线关注5450附近支撑与5640附近压力。 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 纯苯产业日报 2025-11-17 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 主力收盘价:纯苯(日,元/吨) | 5547 | 21 主力结算价:纯苯(日,元/吨) | 5565 | 7 | | | 主力成交量:纯苯(日,手) | 14191 | -3004 主力持仓量:纯苯(日,手) | 20275 | 417 | | 现货市场 | 市场价:纯苯:华东市场:主流价(日,元/吨) | 5405 | 30 市场价:纯苯: ...

Report Industry Investment Rating - Not provided Core Viewpoints - BZ2603 declined and then rebounded, closing at 5418 yuan/ton. Last week, the operating rate of petroleum benzene increased slightly, while that of hydrobenzene dropped significantly, and the domestic pure benzene output decreased. The operating rates of the five major downstream sectors of pure benzene changed little, and the overall downstream weighted operating rate decreased slightly. The number of ships arriving at ports increased significantly, and the inventory at East China ports accumulated significantly. The profit of petroleum benzene decreased at a low level and was in a state of low valuation due to weak supply and demand. In November, the planned maintenance capacity of petroleum benzene and hydrobenzene is small, and low - priced overseas supplies continue to flow in, resulting in a relatively high overall supply pressure. This week, the load of East China petroleum benzene plants increased, and some shut - down hydrobenzene plants restarted, so the domestic pure benzene output is expected to increase month - on - month. Terminal demand is weak, and plants such as styrene are expected to maintain low - level operation, and downstream consumption is unlikely to increase. In terms of cost, affected by the strengthening of the US dollar and weak economic expectations, international oil prices fluctuated and declined yesterday. Technically, the daily K - line of BZ2603 should pay attention to the lower Bollinger Band near 5304 [2]. Summary by Relevant Catalogs Futures Market - The closing price of the main pure benzene contract was 5418 yuan/ton, down 20 yuan; the settlement price was 5405 yuan/ton, down 61 yuan. The trading volume was 12,094 lots, up 2,212 lots; the open interest was 17,063 lots, up 497 lots [2]. Spot Market - In the East China market, the mainstream price of pure benzene was 5405 yuan/ton; in the North China market, it was 5230 yuan/ton; in the South China market, it was 5450 yuan/ton; in the Northeast region, it was 5235 yuan/ton. The price of hydrobenzene in Jiangsu and Shanxi regions remained unchanged. The FOB mid - price of pure benzene in South Korea was 670.95 US dollars/ton, and the CFR mid - price of pure benzene in China was 654 US dollars/ton, down 10.28 US dollars/ton [2]. Upstream Situation - The spot price of Brent DTD crude oil was 65.45 US dollars/barrel, down 0.68 US dollars/barrel. The CFR mid - price of naphtha in Japan was 576.5 US dollars/ton, down 5.88 US dollars/ton. The capacity utilization rate of pure benzene was 78.14%, up 0.13 percentage points, and the weekly output was 42.89 tons, up 0.28 tons [2]. Industry Situation - The terminal inventory of pure benzene at ports was 8.5 tons, down 1.4 tons. The production cost of pure benzene was 5327.8 yuan/ton, down 118.2 yuan/ton, and the production profit was 737 yuan/ton, up 76 yuan/ton [2]. Downstream Situation - The operating rate of styrene was 66.72%, down 2.53 percentage points; the capacity utilization rate of caprolactam was 95.72%, up 6.41 percentage points; the capacity utilization rate of phenol was 78.54%, down 0.46 percentage points; the capacity utilization rate of aniline was 69.24%, down 0.1 percentage points; the capacity utilization rate of adipic acid was 64.3%, up 2 percentage points. From October 25th to 31st, the operating rate of petroleum benzene increased by 1.37% to 74.10%, and the operating rate of hydrobenzene decreased by 7.79% to 55.67%. The weighted operating rate of pure benzene downstream decreased by 1.22% to 72.18% [2]. Industry News - From October 25th to 31st, the operating rate of petroleum benzene increased by 1.37% to 74.10%, and the operating rate of hydrobenzene decreased by 7.79% to 55.67%. The weighted operating rate of pure benzene downstream decreased by 1.22% to 72.18%. As of November 3rd, the inventory of pure benzene at Jiangsu ports increased by 42.35% to 12.1 tons compared with last week. From October 25th to 31st, the profit of petroleum benzene decreased by 217 yuan/ton to 168 yuan/ton compared with last week [2].

Report Summary 1. Report Industry Investment Rating No information about the report industry investment rating is provided in the content. 2. Core Viewpoints - The overall supply pressure of pure benzene is at a relatively high level due to limited planned maintenance capacity of petroleum benzene and hydrogenated benzene in November and continuous inflow of low - priced overseas sources. The domestic pure benzene production is expected to increase month - on - month as the load of East China petroleum benzene devices rises and some shutdown hydrogenated benzene devices restart. However, the terminal demand is weak, and downstream consumption is difficult to grow, with downstream devices expected to maintain low - level operation. The short - term BZ2603 is expected to show a volatile trend, with technical attention on the previous low support around 5430 and the previous high pressure around 5640 [2]. 3. Summary by Related Catalogs Futures Market - The main closing price of pure benzene is 5438 yuan/ton, down 68 yuan; the main settlement price is 5466 yuan/ton, down 50 yuan. The main trading volume is 9882 lots, an increase of 1859 lots; the main open interest is 16566 lots, an increase of 37 lots [2]. Spot Market - In the domestic market, the mainstream price of pure benzene in the East China market is 5438 yuan/ton, in the South China market is 5420 - 5450 yuan/ton (up 70 yuan), in the North China market is 5230 yuan/ton (up 60 yuan), and in the Northeast region is 5215 yuan/ton (up 49 yuan). The mainstream price of hydrogenated benzene in Jiangsu is 5425 yuan/ton (up 50 yuan), and in Shanxi is 4900 yuan/ton. The offshore intermediate price of pure benzene in South Korea is 663 US dollars/ton (up 3 US dollars), and the CFR intermediate price of pure benzene in China is 681.23 US dollars/ton (up 3.94 US dollars) [2]. Upstream Situation - The spot price of Brent DTD crude oil is 66.13 US dollars/barrel, up 0.4 US dollars; the CFR intermediate price of naphtha in Japan is 582.38 US dollars/ton, up 1.88 US dollars [2]. Industry Situation - The capacity utilization rate of pure benzene is 78.14%, up 0.13 percentage points; the weekly output is 42.89 million tons, up 0.28 million tons. The port inventory of pure benzene is 8.5 million tons, down 1.4 million tons. The production cost is 5327.8 yuan/ton, down 118.2 yuan; the production profit is 737 yuan/ton, up 76 yuan [2]. Downstream Situation - The total开工率 of styrene is 66.72%, down 2.53 percentage points; the capacity utilization rate of caprolactam is 95.72%, up 6.41 percentage points; the capacity utilization rate of phenol is 78.54%, down 0.46 percentage points; the capacity utilization rate of aniline is 69.24%, down 0.1 percentage point; the capacity utilization rate of adipic acid is 64.3%, up 2 percentage points [2]. Industry News - From October 25th to 31st, the operating rate of petroleum benzene increased by 1.37% to 74.10%, and the operating rate of hydrogenated benzene decreased by 7.79% to 55.67%. The weighted operating rate of pure benzene downstream decreased by 1.22% to 72.18%. As of November 3rd, the pure benzene port inventory in Jiangsu increased by 42.35% to 12.1 million tons. From October 25th to 31st, the profit of petroleum benzene decreased by 217 yuan/ton to 168 yuan/ton [2].

本周己内酰胺、苯酚、己二酸装置负荷有下降预期，短期内需求端持续偏弱。美国对华造船等行业301调查 助理研究员: 徐天泽 期货从业资格号F03133092 限制措施落地，昨日国际油价回落。市场消化中美贸易争端影响，近期国际油价低位震荡整理，日内工业 免责声明 品低开高走、涨跌互现。短期BZ2603预计震荡走势，日度区间预计在5530-5630附近。 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 纯苯产业日报 2025-10-15 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 主力收盘价:纯苯(日,元/吨) | 5579 | -1 ...

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The domestic supply - demand of pure benzene remains weak, with petroleum benzene profits staying at a relatively low level. This week, the restart of some domestic petroleum benzene and hydrogenated benzene plants is expected to further increase pure benzene production. In October, new downstream plants of styrene, caprolactam, and phenol are planned to be put into operation, with a converted production capacity higher than that of pure benzene. However, large - scale styrene plants are still in the maintenance period, and there are expectations of a decline in the load of caprolactam, phenol, and adipic acid plants this week, resulting in a persistently weak demand side in the short term. The market sentiment is weak due to the ongoing Sino - US trade dispute, and the downward trend of the BZ2603 contract may continue [2]. 3. Summary According to Related Catalogs 3.1 Futures Market - The closing price of the main pure benzene contract was 5,597 yuan/ton, down 85 yuan; the settlement price was 5,624 yuan/ton, down 83 yuan. The trading volume was 5,926 lots, down 742 lots; the open interest was 14,189 lots, up 635 lots. The mainstream price of pure benzene in the East China market was 5,630 yuan/ton, down 90 yuan; in the North China market, it was 5,510 yuan/ton, down 60 yuan [2]. 3.2 Spot Market - The mainstream price of pure benzene in the South China market was 5,650 yuan/ton, down 100 yuan; in the Northeast region, it was 5,505 yuan/ton, down 16 yuan. The offshore intermediate price of pure benzene in South Korea was 690 US dollars/ton, down 3 US dollars; the CFR intermediate price of pure benzene in China was 703.08 US dollars/ton, down 3.02 US dollars [2]. 3.3 Upstream Situation - The spot price of Brent DTD crude oil was 64.38 US dollars/barrel, down 0.7 US dollars; the CFR intermediate price of naphtha in the Japanese region was 566.75 US dollars/ton, down 10 US dollars [2]. 3.4 Industry Situation - The capacity utilization rate of pure benzene was 78.14%, up 0.13 percentage points; the weekly output was 46.02 tons, up 0.32 tons. The port inventory of pure benzene was 9.1 tons, down 1.5 tons. The production cost was 5,327.8 yuan/ton, down 118.2 yuan; the production profit was 737 yuan/ton, up 76 yuan [2]. 3.5 Downstream Situation - The开工率 of styrene was 73.61%, up 2.37 percentage points; the capacity utilization rate of caprolactam was 95.72%, up 6.41 percentage points; the capacity utilization rate of phenol was 78.54%, down 0.46 percentage points; the capacity utilization rate of aniline was 69.24%, down 0.1 percentage point; the capacity utilization rate of adipic acid was 64.3%, up 2 percentage points [2]. 3.6 Industry News - From October 4th to 10th, the capacity utilization rate of petroleum benzene increased by 0.55% to 79.29%, and that of hydrogenated benzene decreased by 0.75% to 63.24%. The weighted开工率 of pure benzene downstream increased by 1.56% to 77.72%. As of October 13th, the inventory of pure benzene in East China ports was 9.0 tons, a week - on - week decrease of 1.10%. The BZ2603 contract fell 1.93% to close at 5,597 yuan/ton. From October 9th to 11th, the profit of Chinese petroleum benzene was 314 yuan/ton, down 105 yuan/ton from the previous week [2].

Report Industry Investment Rating - Not provided Core Viewpoints - The domestic pure benzene supply and demand remain weak, and the profit of petroleum benzene continues to be at a low level. This week, some domestic petroleum benzene and hydrobenzene plants are restarting, and the output of pure benzene is expected to increase further. In October, new plants of downstream styrene, caprolactam, and phenol are planned to be put into operation, with a converted production capacity higher than that of pure benzene. However, large styrene plants are still in the maintenance period, and the loads of caprolactam, phenol, and adipic acid plants are expected to decline this week, so the demand side will remain weak in the short term. Affected by the US's claim of imposing additional tariffs on China, international oil prices dropped significantly on Friday. After the early negative factors are digested, BZ2603 is expected to fluctuate in the short term, with the range expected to be around 5650 - 5750 [2] Summary by Relevant Catalogs Futures Market - The closing price of the main pure benzene contract was 5682 yuan/ton, a decrease of 52 yuan; the settlement price was 5707 yuan/ton, a decrease of 26 yuan. The trading volume was 6668 lots, an increase of 2255 lots; the open interest was 13554 lots, an increase of 23 lots [2] Spot Market - The mainstream prices of pure benzene in the East China, North China, South China, and Northeast regions were 5720 yuan/ton, 5570 yuan/ton, 5750 yuan/ton, and 5521 yuan/ton respectively. The prices in the Northeast region decreased by 62 yuan/ton, while the others remained unchanged. The mainstream prices of hydrobenzene in Jiangsu and Shanxi regions were 5675 yuan/ton and 5450 yuan/ton respectively, with decreases of 50 yuan/ton and 250 yuan/ton. The FOB intermediate price of pure benzene in South Korea was 693 dollars/ton, a decrease of 5 dollars; the CFR intermediate price of pure benzene in China was 706.11 dollars/ton, a decrease of 3.39 dollars [2] Upstream Situation - The spot price of Brent DTD crude oil was 65.08 dollars/barrel, a decrease of 2.57 dollars; the CFR intermediate price of naphtha in the Japanese region was 576.75 dollars/ton, a decrease of 7.5 dollars [2] Industry Situation - The capacity utilization rate of pure benzene was 78.14%, an increase of 0.13 percentage points; the weekly output was 46.02 tons, an increase of 0.32 tons. The terminal inventory of pure benzene at ports was 9.1 tons, a decrease of 1.5 tons. The production cost was 5327.8 yuan/ton, a decrease of 118.2 yuan; the production profit was 737 yuan/ton, an increase of 76 yuan [2] Downstream Situation - The开工率 of styrene was 73.61%, an increase of 2.37 percentage points; the capacity utilization rates of caprolactam, phenol, aniline, and adipic acid were 95.72%, 78.54%, 69.24%, and 64.3% respectively. The capacity utilization rate of caprolactam increased by 6.41 percentage points, adipic acid increased by 2 percentage points, while phenol decreased by 0.46 percentage points and aniline decreased by 0.1 percentage point [2] Industry News - From October 4th to 10th, the capacity utilization rate of petroleum benzene increased by 0.55% to 79.29% week-on-week, and that of hydrobenzene decreased by 0.75% to 63.24% week-on-week. The weighted operating rate of pure benzene downstream increased by 1.56% to 77.72% week-on-week. As of October 13th, the inventory of pure benzene in East China ports was 9.0 tons, a decrease of 1.10% compared with last week. From October 9th to 11th, the profit of petroleum benzene in China was 314 yuan/ton, a decrease of 105 yuan/ton compared with last week [2]

Report Industry Investment Rating - No relevant information provided Core Viewpoints - In October, domestic pure benzene supply is expected to increase. The impact of maintenance of petroleum benzene plants is expected to decline, and the operating load of North China hydrobenzene plants has gradually recovered to a neutral level after the end of production restrictions in early September, with stable operation expected in the future. New plants for downstream styrene, caprolactam, and phenol are planned to be put into operation, with the converted production capacity higher than that of pure benzene, indicating a medium - to long - term improvement in supply - demand trends. However, large - scale styrene plants are still in the maintenance cycle, limiting the growth space of pure benzene demand. Recently, international oil prices have fallen and rebounded due to factors such as OPEC's slight increase in production, concerns about economic growth caused by the U.S. government shutdown, and the intensification of the Russia - Ukraine conflict. In the short term, the domestic pure benzene supply - demand situation is difficult to improve. Technically, BZ2603 has broken below the lower Bollinger Band, and the MACD green bar has widened, but the single - day K - line has a long lower shadow. Pay attention to the support near 5682 [2]. Summary by Relevant Catalogs Futures Market - The closing price of the pure benzene futures main contract is 5763 yuan/ton, down 37 yuan; the settlement price is 5732 yuan/ton, down 69 yuan. The trading volume is 5189 lots, down 394 lots; the open interest is 12994 lots, up 615 lots. The mainstream price in the East China market is 5860 yuan/ton, down 20 yuan; the mainstream price in the North China market is 5870 yuan/ton, unchanged; the mainstream price in the Northeast region is 5700 yuan/ton, down 102 yuan [2]. Spot Market - The mainstream price of hydrobenzene in Jiangsu is 5825 yuan/ton, down 100 yuan; the mainstream price in Shanxi is 5740 yuan/ton, unchanged. The FOB intermediate price of pure benzene in South Korea is 699 US dollars/ton, up 5 US dollars; the CFR intermediate price of pure benzene in China is 709.5 US dollars/ton, up 2 US dollars [2]. Upstream Situation - The spot price of Brent DTD crude oil is 68.38 US dollars/barrel, up 1.05 US dollars; the CFR intermediate price of naphtha in Japan is 583.75 US dollars/ton, down 1.5 US dollars [2]. Industry Situation - The capacity utilization rate of pure benzene is 78.14%, up 0.13 percentage points; the weekly output is 45.7 tons, up 0.16 tons. The port inventory at the end of the week is 10.6 tons, down 0.1 tons. The production cost is 5327.8 yuan/ton, down 118.2 yuan/ton, and the production profit is 737 yuan/ton, up 76 yuan/ton [2]. Downstream Situation - The total styrene operating rate is 73.24%, down 0.2 percentage points; the caprolactam capacity utilization rate is 95.72%, up 6.41 percentage points; the phenol capacity utilization rate is 78.54%, down 0.46 percentage points; the aniline capacity utilization rate is 69.24%, down 0.1 percentage points; the adipic acid capacity utilization rate is 64.3%, up 2 percentage points [2]. Industry News - From September 19th to 25th, the pure benzene capacity utilization rate increased by 1.22% to 79.27% week - on - week, and the hydrobenzene capacity utilization rate increased by 4.05% to 63.99% week - on - week. The weighted operating rate of pure benzene downstream decreased by 1.24% to 76.37% week - on - week. As of October 9th, the total commercial inventory of pure benzene in Jiangsu port samples was 9.1 tons, a week - on - week decrease of 33.7%. From September 19th to 25th, the profit of petroleum benzene was 419 yuan/ton, a week - on - week decrease of 6 yuan/ton [2].

Report Category - This is a daily report on the pure benzene industry [1] Core Viewpoint - BZ2603 showed a weak oscillation, closing at 5921 yuan/ton. Last week, two new petroleum benzene plants were shut down, and some hydrobenzene plants restarted, resulting in a decline in domestic pure benzene supply. The weighted operating rate of downstream products increased slightly. The port inventory of pure benzene decreased. This week, some petroleum benzene and hydrobenzene plants are expected to restart, and the number of imported cargo arrivals is expected to increase, so the supply of pure benzene is expected to rise. The five major downstream devices are expected to increase their loads, which may drive short - term demand up. In the long - term, the large - scale production capacity of styrene is in the rotation maintenance cycle, limiting the increase in pure benzene demand. Near the National Day, the pre - holiday stocking demand of downstream enterprises may support the price of pure benzene. In terms of cost, the impact of OPEC+ production increase continues, and the long - term expectation of strong global crude oil supply over demand puts pressure on oil prices, but the short - term geopolitical situation is still uncertain. In the short term, the supply - demand of pure benzene has marginal improvement but is difficult to drive up prices. BZ2603 is expected to oscillate, with the daily operating range expected to be around 5900 - 5980 [2] Data Summary Futures Market - The closing price of the main pure benzene contract was 5921 yuan/ton, down 45 yuan; the settlement price was 5922 yuan/ton, down 57 yuan; the trading volume was 2420 lots, and the open interest was 13202 lots [2] Spot Market - The mainstream prices of pure benzene in the East China, North China, South China, and Northeast regions were 5885 yuan/ton, 6010 yuan/ton, 5900 yuan/ton, and 5956 yuan/ton respectively, with changes of 0, - 40, 0, and - 44 yuan/ton. The mainstream prices of hydrobenzene in Jiangsu and Shanxi regions were 6050 yuan/ton and 5800 yuan/ton respectively, with the former down 50 yuan/ton. The offshore intermediate price of pure benzene in South Korea was 713 dollars/ton, down 6 dollars/ton, and the CFR intermediate price of pure benzene in China was 731.5 dollars/ton, down 6 dollars/ton [2] Upstream Situation - The spot price of Brent DTD crude oil was 67.18 dollars/barrel, down 0.6 dollars/barrel; the CFR intermediate price of naphtha in Japan was 596.75 dollars/ton, down 2.63 dollars/ton [2] Industry Situation - The capacity utilization rate of pure benzene was 78.14%, up 0.13 percentage points; the weekly output was 45.01 tons, down 0.54 tons; the port inventory was 13.4 tons, down 1 ton; the production cost was 5327.8 yuan/ton, down 118.2 yuan/ton; the production profit was 737 yuan/ton, up 76 yuan/ton [2] Downstream Situation - The operating rates of styrene, caprolactam, phenol, aniline, and adipic acid were 73.44%, 95.72%, 78.54%, 69.24%, and 64.3% respectively, with changes of - 1.54, + 6.41, - 0.46, - 0.1, and + 2 percentage points [2] Industry News - From September 12th to 18th, the capacity utilization rate of petroleum benzene in China decreased by 0.94% to 78.35%, and the capacity utilization rate of hydrobenzene increased by 5.35% to 59.94%. The weighted operating rate of pure benzene downstream increased by 0.74% to 74.29%. As of September 22nd, the pure benzene port inventory in Jiangsu was 10.7 tons, a week - on - week decrease of 20.15%. From September 12th to 18th, the profit of petroleum benzene decreased by 18 yuan/ton to 425 yuan/ton [2]

Report Summary 1. Report Industry Investment Rating - No investment rating provided in the report. 2. Core View - BZ2603 fluctuated weakly and closed at 6,057 yuan/ton. Supply is expected to increase slightly this week, with the restart of some downstream plants potentially narrowing the supply - demand gap in the short term. However, the demand recovery may be limited due to the styrene maintenance cycle from late - September to October. Pre - holiday stocking demand may support prices. International oil prices are strong, and positive macro - factors are emerging [2]. 3. Summary by Directory 3.1 Futures Market - The main closing price of pure benzene was 6,057 yuan/ton, down 16 yuan; the main settlement price was 6,069 yuan/ton, down 9 yuan. The main trading volume was 2,238 lots, down 2,681 lots; the main open interest was 12,075 lots, down 47 lots [2]. 3.2 Spot Market - The mainstream prices in East China, North China, South China, and Northeast China were 5,990 yuan/ton, 6,050 yuan/ton, 5,900 yuan/ton, and 6,045 yuan/ton respectively. The price in Northeast China increased by 10 yuan/ton. The mainstream prices of hydrogenated benzene in Jiangsu and Shanxi were 6,125 yuan/ton and remained unchanged respectively. The FOB mid - price in South Korea was 721 US dollars/ton, up 3 US dollars/ton; the CFR mid - price in China was 740.5 US dollars/ton, up 2 US dollars/ton [2]. 3.3 Upstream Situation - The spot price of Brent DTD crude oil was 68.65 US dollars/barrel, unchanged. The CFR mid - price of naphtha in Japan was 604.88 US dollars/ton, down 3.62 US dollars/ton [2]. 3.4 Industry Situation - The capacity utilization rate of pure benzene was 78.14%, up 0.13%. The weekly output was 45.55 million tons, up 0.22 million tons. The port inventory was 14.4 million tons, down 0.5 million tons. The production cost was 5,327.8 yuan/ton, down 118.2 yuan/ton, and the production profit was 737 yuan/ton, up 76 yuan/ton [2]. 3.5 Downstream Situation - The开工率 of styrene was 74.98%, down 4.76%. The capacity utilization rates of caprolactam, phenol, aniline, and adipic acid were 95.72% (up 6.41%), 78.54% (down 0.46%), 69.24% (down 0.1%), and 64.3% (up 2%) respectively [2]. 3.6 Industry News - As of September 15, the pure benzene port inventory in Jiangsu was 13.4 million tons, a week - on - week decrease of 6.94%. From September 5 - 11, the profit of petroleum benzene of PetroChina was 443 yuan/ton, a week - on - week decrease of 69 yuan/ton [2]. 3.7 Outlook - This week, the operating loads of domestic petroleum benzene and hydrogenated benzene plants are expected to increase, and the number of imported cargo arrivals is expected to decrease. Some downstream plants such as styrene, caprolactam, and aniline will restart. However, styrene is in the maintenance cycle from late - September to October, which may limit the demand recovery. Pre - holiday stocking demand may support prices. International oil prices are strong due to geopolitical conflicts, and positive macro - factors such as smooth Sino - US - Spanish talks and upcoming domestic policies are emerging [2].