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Morning Market Update: Ethylene Tar

Published on 2026-10-22

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Crude Oil: [Chempricehub] On October 21, despite ongoing instability in the Middle East, both Russia and Ukraine signaled a willingness to engage in peace talks, resulting in mixed movements in international oil prices. The front-month December NYMEX WTI crude oil futures contract fell by USD 0.67/bbl to USD 97.15/bbl (-0.68% change). The ICE Brent crude oil December contract rose by USD 0.03/bbl to USD 108.82/bbl (+0.03% change). China’s INE crude oil futures (December 2026 contract) dropped by CNY 26.5 to CNY 700.8/bbl, with further declines of CNY 10.5 during the night session to CNY 690.3/bbl.

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  • Hannah Berg 2026-10-22 10:01
    Mixed crude signals create uncertainty for ethylene producers. While WTI's dip might ease feedstock cost pressure, Brent's stability and geopolitical risks keep margin recovery cautious. I'm watching downstream demand cl..
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