I. Key Focus Points
Crude Oil: Concerns that the U.S.-Iran conflict may escalate, combined with Houthi attacks on Saudi Arabia heightening supply risks, drove international crude oil prices higher. NYMEX WTI crude oil futures (December contract) closed at $99.47/bbl, up $2.32/bbl, a week-on-week increase of +2.39%. ICE Brent crude oil futures (December contract) closed at $113.17/bbl, up $4.35/bbl, a week-on-week increase of +4.00%. China INE crude oil futures (December 2026 contract) rose by 1.2 to CNY 702/barrel in the day session and increased by 11.2 to CNY 713.2/barrel in the night session.
Downstream Market: Sales of downstream high-boiling-point aromatic solvents remained sluggish.
Core Logic: Crude oil futures exhibited mixed movements; the downstream market for high-boiling-point aromatic solvents showed weak sales performance. Consequently, the industrial C10 crude aromatics market is expected to remain stable with a wait-and-see attitude.
II. Price List
Unit: CNY/ton
| Product | Region | Oct 21 | Oct 22 | Change Rate |
|---|---|---|---|---|
| Industrial C10 Crude Aromatics | Northeast Market | 7,460–7,730 | 7,460–7,730 | 0.0%/0.0% |
| Industrial C10 Crude Aromatics | North China Market | 7,750–7,800 | 7,750–7,800 | 0.0%/0.0% |
| Industrial C10 Crude Aromatics | East China Market | 7,750 | 7,750 | 0.0% |
| Industrial C10 Crude Aromatics | South China Market | 8,000 | 8,000 | 0.0% |
| Notes: 1. The East China region excludes Shandong Province. 2. Prices are ex-warehouse, cash-in-advance, tax-inclusive prices in CNY/ton. 3. Change rate refers to the week-on-week percentage change. |
Source: Chempricehub Information
III. Market Outlook
International crude oil prices closed significantly higher, boosting bullish sentiment among refineries. On the demand side, sales of downstream high-boiling-point aromatic solvents remain weak, and cutting plants maintain a strong wait-and-see attitude. Therefore, the industrial C10 crude aromatics market is expected to remain largely stable today with a wait-and-see approach, featuring only sporadic price increases.
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