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Morning Market Brief: Ethylene Tar

Published on 2026-10-21

I. Key Focus Areas

Crude Oil: [Chempricehub] On October 20, markets continued to assess the prospects for US-Iran dialogue, leading to a slight easing of supply risk concerns and a decline in international crude oil prices. NYMEX WTI November futures closed at $101.79 per barrel, down $1.87 (-1.80%); ICE Brent December futures settled at $108.79 per barrel, down $0.76 (-0.69%). China INE crude oil futures (contract 2612) rose by 8.5 yuan to 727.3 yuan/barrel during the day session but fell by 32.5 yuan to 694.8 yuan/barrel in the night session.

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  • Marcus Hayes 2026-10-21 10:00
    With crude easing on US-Iran talks, ethylene feedstock costs may soften, supporting downstream margins. However, INE night-session volatility signals lingering uncertainty for capacity utilization. We watch if lower oil ..
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