1. Key Focus Points

1. Houthi attacks on Saudi Arabia continue, and instability in the Middle East is driving up supply risks, leading to a rise in international crude oil prices.
2. The average operating rate of domestic unsaturated polyester resin (UPR) plants this week was 28%, a decrease of 5% compared to the previous period.
3. From October 10–11, total shipments from two tank farms in Zhangjiagang reached 1,601 tons, with an average daily shipment volume of 800.5 tons over the weekend. As of now, combined inventory at Yangtze International and Fubao tank farms stands at 6,800 tons.

Core Logic: International crude oil prices have resumed their upward trend. Mid-month arrivals at main ports are concentrated in large volumes, while downstream demand is gradually increasing.

2. Price Table

Notes:

1. All product prices refer to National Standard Grade A products.
2. Crude oil prices are in USD/barrel; the other three products are priced in RMB per ton.
3. All RMB prices listed above are cash-with-holdings tax-inclusive prices.
4. The change rate represents the period-over-period percentage change.

3. Market Outlook

According to Chempricehub news on October 13: Currently, diethylene glycol (DEG) is absorbing the tail-end weak sentiment resulting from increased supply, and the sustained rise in crude oil prices has had little impact on it. Market prices are now relatively rational. Traders are observing changes in downstream demand and vessel arrival schedules, suggesting a low probability of market decline.

Legend:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with change rates exceeding 3%.
2. ↗↘ indicates narrow-range fluctuation, highlighting data with change rates within 0–3%.