Brent crude rose 2.42% to $107.14/bbl—the largest one-day gain in three weeks; WTI gained 2.67% to $102.72/bbl. Importers face heightened near-term cost pressure; forward premium locking is advised for spot orders.

WTI crude fell 2.54% to $99.88/bbl—the steepest one-day drop in two weeks; concurrent USD/KRW and USD/JPY weakness eases near-term import cost pressure.

On Sep 11, 2026, Brent crude rose 5.55% to USD 106.82/bbl—the largest one-day gain in three months; WTI surged 5.62% to USD 101.45/bbl. Importers face notably higher landed costs and narrowed negotiation leeway.

On Sep 10, Brent crude rose 2.82% to $100.68/bbl—the largest one-day gain in three weeks; WTI gained 2.90% to $95.73/bbl. Import cost pressure intensified for buyers.

USD/CNY 6.7219 (+0.18%): import costs tick up visibly—Brent landed cost +¥12.8/bbl, fuel oil USD-equiv +$2.7/t. Pricing window shrinks to 3 trading days; hedge with tiered forwards, not an all-in bet.

USD/JPY at 155.4500, down 2.03% on the day — a recent low; JPY weakness amplifies import cost pressure and poses short-term FX risk for fuel oil and bitumen buyers in East China.

USD/KRW settled at 1357.5200, down 1.12% — the largest one-day drop in three weeks; raises FX conversion cost for rubber importers in East China settling in KRW, urging near-term hedge execution.

Due to rising global oil prices, China's crude import costs may increase, with companies advised to closely monitor exchange rate changes.

On Sep 2, USD/CNY settled at 6.7199 (flat), translating Brent and WTI import costs to ¥632.5/bbl and ¥600.8/bbl respectively; volatility of import-cost equivalents for fuel oil, asphalt, and natural rubber rose to 1.82%, up 47 bps w/w. Recommended: spot settlement + 3-month forward point pricing for 50% exposure.