Weekly Outlook for the Mixed C5 Market

I. Key Focus Areas

1. Crude Oil: On September 25, Iran proposed a seven-day plan to the United States to advance peace talks. If accepted by the US side, the Strait of Hormuz would fully reopen, leading to a decline in international oil prices. NYMEX crude oil futures (November contract) closed at $92.41/bbl, down $2.20/bbl (-2.33% WoW). ICE Brent crude oil futures (November contract) closed at $104.32/bbl, down $2.28/bbl (-2.14% WoW). China INE crude oil futures were suspended due to the Mid-Autumn Festival holiday.
2. Gasoline: During the holiday period, the Shandong refinery gasoline market trended upward initially before declining. The production-sales ratio remained below 100%.
3. Mixed C5: During the holiday period, the Shandong mixed C5 market maintained a strong performance.

Core Logic: Overnight crude oil prices rose, while the gasoline market consolidated; consequently, the Shandong mixed C5 market declined.

II. Mixed C5 Price Trend Chart

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III. Price Table

Unit: RMB/ton

Source: Chempricehub

IV. Market Outlook

Intraday crude oil prices rose, providing positive guidance to the market. Today, refineries held firm on gasoline prices for shipments. Both the crude oil and gasoline markets offer support to the mixed C5 sector. Chempricehub anticipates that the mixed C5 market will remain stable and consolidate.