1. Crude Oil:
On September 17, US indications suggested that the US-Iran conflict is nearing its end, with multiple parties continuing to push for a de-escalation of tensions in the Middle East, leading to a decline in international oil prices. NYMEX WTI crude oil futures (October contract) closed at $101.91/bbl, down $0.52/bbl (-0.51% WoW). ICE Brent crude oil futures (November contract) closed at $104.82/bbl, down $1.01/bbl (-0.95% WoW). China INE crude oil futures (November 2026 contract) fell by 33.4 yuan to 805 yuan/bbl; the night session dropped by 42.5 yuan to 762.5 yuan/bbl.
2. Gasoline:
On Saturday, the Shandong refinery gasoline market trended downward, with a production-sales ratio of 91%.
3. Mixed C5:
On Saturday, the price of mixed C5 in the Shandong market declined.
Core Logic: Overnight crude oil declines triggered downward trends in both the gasoline market and the Shandong mixed C5 market.
(Note: Image content and captions such as "Figure 1" or data source lines associated solely with images have been omitted per instructions.)
Unit: Yuan/ton
| Region | Sep 11 | Sep 18 | Change | Change % | Remarks |
|---|---|---|---|---|---|
| Shandong | 8030 | 7610 | -420 | -5.23% | |
| East China | 8300 | 7850 | -450 | -5.42% | |
| Notes: | |||||
| 1. The East China region excludes Shandong Province. | |||||
| 2. Prices are warehouse pickup, cash-in-hand, tax-inclusive prices, in Yuan/ton. | |||||
| 3. Change % represents the week-over-week rate of change. |
Source: Chempricehub Information
Overnight crude oil prices fell, but the magnitude had a limited impact on the market. Refinery gasoline inventories have continued to accumulate, leading to a slight decline today. Amidst bearish market sentiment, Chempricehub forecasts a slight decline in the mixed C5 market today.
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