ResearchMarket2026-10-29
Quotation Formula Brent x Rate x 7.33 x Grade: Benchmark Landed at RMB 5,373/t as Yuan Strength Cuts Conversion Cost
SNSUC prices crude off a fixed formula; with Brent at $110.04 and USD/CNY 6.6613 the benchmark landed cost is about RMB 5,373/t, nearly 2% below a week ago.
