I. Key Focus Points
- Crude Oil: On September 18, expectations for the repair of Saudi oil pipelines improved, combined with signs of easing tensions in the Middle East, leading to a decline in international crude oil prices. The NYMEX WTI futures October contract closed at $100.3/barrel, down $1.61/barrel (-1.58% WoW). The ICE Brent futures November contract closed at $103.87/barrel, down $0.95/barrel (-0.91% WoW). The China INE crude oil futures November 2026 contract fell by 50.6 yuan to 754.4 yuan/barrel; the night session dropped by another 19.6 yuan to 734.8 yuan/barrel.
- Gasoline: Yesterday, the Shandong refinery gasoline market trended weakly, with a production-sales ratio of 99%.
- Mixed C5: Yesterday, the price of mixed C5 in the Shandong market declined.
Core Logic: Overnight crude oil declines led to falling gasoline market prices and subsequent drops in Shandong mixed C5 prices.
II. Mixed C5 Price Trend Chart
(Note: Image content and captions such as "Figure 1" or data source lines within charts are omitted per instructions.)
III. Price Table
Unit: Yuan/ton
Notes:
- The East China region excludes Shandong Province.
- Prices are ex-warehouse, cash-in-hand, VAT-inclusive, quoted in Yuan/ton.
- Percentage change refers to the week-over-week (WoW) rate.
Source: Chempricehub Information
IV. Market Outlook
Crude oil prices experienced minor intraday fluctuations, having limited impact on the market. Yesterday, refinery gasoline prices declined, while shipping sentiment improved. Mixed C5 prices also fell, leading to increased willingness among downstream buyers to take delivery. Chempricehub expects the mainstream mixed C5 market to remain stable today, with occasional minor price cuts.
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