I. Key Focus Points
Crude Oil: On October 15, tightening geopolitical tensions in the Middle East continued to sustain supply risks, while market sentiment regarding global demand prospects remained pessimistic, leading to mixed movements in international oil prices. NYMEX crude oil futures (November contract) rose by USD 2.88/bbl to USD 97.97/bbl, a day-on-day increase of +3.03%; ICE Brent crude oil futures (December contract) fell by USD 0.14/bbl to USD 105.92/bbl, a day-on-day decrease of -0.13%. China INE crude oil futures (December 2026 contract) dropped by CNY 21.3 to CNY 725.2/bbl during the day session and rose by CNY 0.8 to CNY 726/bbl during the night session.
Gasoline: Yesterday, Shandong refinery gasoline prices moved sideways with consolidation trends; the production-sales ratio stood at 69%.
Mixed C5: The Shandong market price for mixed C5 declined slightly yesterday.
Core Logic: Overnight crude oil prices fluctuated within a narrow range, gasoline market conditions remained consolidated, and the Shandong mixed C5 market trended weakly.
II. Mixed C5 Price Trend Chart
III. Price Table
Unit: CNY/ton
| Region | Oct 13 | Oct 14 | Change | % Change | Remarks |
|---|---|---|---|---|---|
| Shandong | 7080 | 6910 | -170 | -2.40% | |
| East China | 7880 | 7880 | 0 | Flat | |
| Notes: | |||||
| 1. East China region excludes Shandong Province. | |||||
| 2. Prices are ex-warehouse, spot cash, VAT-inclusive, in CNY/ton. | |||||
| 3. Change rate refers to day-on-day percentage change. |
Source: Chempricehub Information
IV. Market Outlook
Overnight crude oil prices fluctuated within a narrow range, providing limited guidance to the market. Refinery gasoline inventories continue to accumulate, suggesting potential price reductions today to facilitate shipments. End-user demand remains sluggish, and mixed C5 sales were poor yesterday. Chempricehub anticipates that the mixed C5 market will continue to consolidate weakly today.
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