I. Key Focus Points
Crude Oil: Reports indicating a potential resumption of US-Iran negotiations have eased market concerns, leading to a decline in international crude oil prices. The NYMEX WTI futures contract expiring in October closed at $95.78/barrel, down $4.52/barrel (-4.51% WoW). The ICE Brent futures contract expiring in November closed at $100.34/barrel, down $3.53/barrel (-3.40% WoW). China's INE crude oil futures contract for November 2026 fell by CNY 23.6 to CNY 730.8/barrel during the day session and dropped another CNY 16.5 to CNY 714.3/barrel in the night session.
Downstream High-Boiling Aromatic Solvents: Prices remained stable with some downward pressure.
Core Logic: Crude oil futures closed lower, exerting downward pressure on downstream markets. The high-boiling aromatic solvent market is experiencing stable but slightly declining prices due to sell-off activities. The industrial-grade C10 crude aromatics market faces potential downside risks.
II. Price List
Unit: CNY/ton
| Product | Region | Sep 20 | Sep 21 | Change Rate |
|---|---|---|---|---|
| Industrial Grade C10 Crude Aromatics | Northeast Market | 6930-7160 | 6720-7160 | -3.0%/0.0% |
| Industrial Grade C10 Crude Aromatics | North China Market | 7450-7500 | 7450-7500 | 0.0%/0.0% |
| Industrial Grade C10 Crude Aromatics | East China Market | 7450 | 7450 | 0.0% |
| Industrial Grade C10 Crude Aromatics | South China Market | 8000 | 8000 | 0.0% |
| Notes: 1. East China region excludes Shandong Province. 2. Prices are ex-warehouse, cash-in-advance, tax-inclusive, in CNY/ton. 3. Change rate refers to week-over-week fluctuation. |
Source: Chempricehub News
III. Market Outlook
The closing decline in international crude oil prices has dampened downstream purchasing sentiment. In the downstream high-boiling aromatic solvent market, sellers are prioritizing inventory clearance, resulting in prices that are stable but trending slightly downward. It is expected that the industrial-grade C10 crude aromatics market will maintain stability with a slight downward bias today.
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