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Morning Market Brief: Ethylene Tar

Published on 2026-10-09

I. Key Focus Areas

[Chempricehub] Crude Oil: On October 8, international crude oil prices rose due to ongoing instability in the Middle East and hurricane-induced shutdowns of some offshore wells in the United States. NYMEX WTI futures for November delivery closed at $91.49 per barrel, up $3.21 (a 3.64% increase). ICE Brent futures for December delivery closed at $104.28 per barrel, up $4.08 (a 4.07% increase). Shanghai INE crude oil futures for November 2026 delivery rose by 41.3 yuan to 737.4 yuan per barrel during the day session, but fell by 4.6 yuan to 732.8 yuan per barrel during the night session.

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  • Sarah Mitchell 2026-10-09 09:30
    With crude surging, ethylene tar feedstock costs are climbing fast. While margin compression looms for downstream users, tight supply might actually support prices short-term. I’m watching capacity utilization closely t..
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