Morning Market Brief for Mixed C5

I. Key Focus Points

1. Crude Oil: On October 21, instability in the Middle East persisted, but both Russia and Ukraine hinted at willingness for peace talks, resulting in mixed movements in international oil prices. The NYMEX crude oil front-month December contract closed at $97.15/bbl, down $0.67/bbl (-0.68% WoW). The ICE Brent crude oil December contract closed at $108.82/bbl, up $0.03/bbl (+0.03% WoW). The China INE crude oil futures contract (December 2026 delivery) fell by 26.5 yuan to 700.8 yuan/bbl, while the night session dropped another 10.5 yuan to 690.3 yuan/bbl.
2. Gasoline: Yesterday, gasoline prices at Shandong refineries remained stable, with a production-to-sales ratio of 90%.
3. Mixed C5: The Shandong market for Mixed C5 showed consolidation yesterday.

Core Logic: Overnight crude oil prices fluctuated within a narrow range; the gasoline market remained stable; and the Shandong Mixed C5 market consolidated.

II. Mixed C5 Price Trend Chart

(Note: Image content and captions such as "Figure 1" or data source lines related solely to charts have been omitted per instructions.)

III. Price Table

Unit: Yuan/ton

Source: Chempricehub Information

IV. Market Outlook

Overnight crude oil prices fluctuated within a narrow range, offering limited guidance to the market. Yesterday's gasoline production-to-sales ratio did not exceed 100%, suggesting potential price declines today. Although terminal demand remains weak, refineries achieved higher-priced transactions for Mixed C5 yesterday. Chempricehub Information forecasts that the Mixed C5 market will remain steady with a slightly bullish bias today.