I. Key Points
Core Logic: International crude oil prices edged lower, downstream customers purchased on a demand-based basis, and overall market activity remained sluggish.
II. Price Table
| Product | Region | Oct 19 | Oct 20 | Change |
|---|---|---|---|---|
| Aromatic-related products | Shandong | 8,307–8,483 | 8,207–8,383 | -100/-100 |
| Aromatic-related products | East China | 7,350–8,460 | 7,350–8,460 | 0/0 |
| Notes: 1. Mixed aromatics refer to products from domestic reforming units. 2. All RMB prices in the table are ex-factory, cash-in-advance, tax-inclusive prices. 3. Prices represent point-in-time values from the two preceding working days of this week, not weekly averages. 4. Change rate refers to day-over-day variation. |
III. Market Outlook
International crude oil futures closed slightly lower, providing limited sentiment support for domestic aromatic-related products. Yesterday’s gasoline production-to-sales imbalance persisted, with only marginal improvement in factory transactions. No premium emerged in today’s auctions. Aromatic-related products are expected to trade steadily but weakly today.
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