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Home > News > Mixed C5 prices rise as geopolitical tensions lift crude, WTI up 2.08%

Mixed C5 prices rise as geopolitical tensions lift crude, WTI up 2.08%

Published on 2026-11-02

1. Key Focus Areas

  1. Crude Oil: On October 30, the market focused on the potential escalation of US-Iran tensions, while Houthi attacks on Saudi Arabia intensified supply risks, driving international crude oil prices higher. The NYMEX WTI December contract rose by $2.12/bbl to $104.12/bbl (+2.08% WoW); the ICE Brent December contract rose by $2.76/bbl to $117.64/bbl (+2.40% WoW). China's INE crude oil futures (December 2026 contract) fell by 8.3 yuan/barrel to 727.6 yuan/barrel during the day session, but rebounded by 30.9 yuan/barrel to 758.5 yuan/barrel in the night session.
  2. Gasoline: Gasoline prices at Shandong refineries rose over the weekend, but trading sentiment remained weak.
  3. Mixed C5: Mixed C5 prices in the Shandong market rose over the weekend.

Core Logic: Crude oil opened with volatility; gasoline market prices trended upward; Shandong mixed C5 market prices trended upward.

2. Mixed C5 Price Trend Chart

(Note: Image content and captions such as "Figure 1", "Data Source: Longzhong Information" have been omitted per instructions.)

3. Price Table

Unit: Yuan/ton

Region Oct 23 Oct 30 Change % Change Remarks
Shandong 7310 7850 +540 +7.39%
East China 7210 7400 +190 +2.64%

Notes:

  1. The East China region excludes Shandong Province.
  2. Prices are spot delivery, cash-in-hand, tax-inclusive, quoted in Yuan/ton.
  3. Percentage change refers to week-over-week variation.

Source: Chempricehub

4. Market Outlook

Intraday crude oil prices showed mixed movements, having a limited impact on the market. Gasoline prices rose over the weekend, though trading activity cooled down. Refinery prices for mixed C5 increased over the weekend. Chempricehub forecasts that the mixed C5 market will maintain firm pricing today.

Comments

0
  • Hannah Berg 2026-11-02 10:00
    Geopolitical risks are squeezing margins as crude feedstock costs surge. With WTI up 2%, I expect mixed C5 pricing to stay firm, though weak downstream demand limits upside potential. High capacity utilization might face..
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