I. Key Focus Points
Crude Oil: On September 8, Houthi attacks on Saudi oil facilities and continued U.S.–Iran military confrontation heightened supply risk and pushed international oil prices higher. The NYMEX WTI crude futures contract for October settled at $93.03/bbl, up $1.55/bbl, or +1.69%; the ICE Brent futures contract for November settled at $97.92/bbl, up $0.92/bbl, or +0.95%. China's INE crude futures (October 2026, SC2610) rose 14.8 yuan/bbl to close the day session at 703.3 yuan/bbl, and climbed another 11.4 yuan/bbl to 714.7 yuan/bbl in the night session.
Gasoline: Yesterday, the gasoline market at Shandong refineries moved slightly higher, with the production-to-sales ratio exceeding 100%.
Mixed C5: Yesterday, mixed C5 prices in the Shandong market held steady and consolidated.
Core logic: Overnight crude gains and a modestly higher gasoline market leave Shandong mixed C5 prices consolidating.
II. Price List
Unit: yuan/ton
| Region | Sep 7 | Sep 8 | Change | Change rate | Remarks |
|---|---|---|---|---|---|
| Shandong | 7850 | 7850 | 0 | Flat | |
| East China | 7600 | 7680 | +80 | +1.05% |
Remarks:
Source: Chempricehub Information
III. Market Outlook
Overnight crude oil prices rose, boosting traders' enthusiasm to enter the market, and buying/selling sentiment in the gasoline market improved. With the supply-side support for mixed C5 having come to an end, Chempricehub Information expects the mixed C5 market to trend lower today.
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