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Morning Market Update for Ethylene Tar

Published on 2026-10-10
  1. Key Points

【Chempricehub】Crude Oil: On October 9, both the U.S. and Iran stated that negotiations and dialogue were ongoing, easing market concerns. However, the impact of hurricanes on U.S. crude oil production continued to constrain supply, driving international prices higher. NYMEX WTI November futures closed at $91.85/bbl, up $0.36/bbl (+0.39% WoW). ICE Brent December futures settled at $104.72/bbl, up $0.44/bbl (+0.42% WoW). China INE November 2026 crude oil futures rose by 3.9 yuan to 741.3 yuan/bbl during the day session, but fell by 1.5 yuan to 739.8 yuan/bbl in the night session.

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  • Yuki Tanaka 2026-10-10 10:01
    Crude supply constraints from hurricanes are pushing feedstock costs higher, squeezing margins for ethylene tar producers. While geopolitical easing helps sentiment, I’m watching capacity utilization closely as rising i..
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