Crude Oil: Geopolitical instability in the Middle East persists, yet both Russia and Ukraine have signaled a willingness to engage in peace talks, leading to mixed movements in international crude oil prices. NYMEX WTI crude futures (December contract) closed at $97.15/bbl, down $0.67/bbl (-0.68%); ICE Brent crude futures (December contract) closed at $108.82/bbl, up $0.03/bbl (+0.03%). INE Shanghai crude oil futures (December 2026 contract) fell by 26.5 yuan to 700.8 yuan/bbl, with night session prices dropping a further 10.5 yuan to 690.3 yuan/bbl.
Downstream Market: Sales of downstream high-boiling aromatic solvents remained sluggish.
Core Logic: With crude oil futures showing mixed trends and weak sales in the downstream high-boiling aromatic solvent market, the industrial C10 heavy aromatics market is expected to remain stable with a wait-and-see attitude prevailing.
Unit: Yuan/ton
| Product | Region | Oct 20 | Oct 21 | Change Rate |
|---|---|---|---|---|
| Industrial C10 Heavy Aromatics | Northeast Market | 7460-7730 | 7460-7730 | 0.0%/0.0% |
| Industrial C10 Heavy Aromatics | North China Market | 7750-7800 | 7750-7800 | 0.0%/0.0% |
| Industrial C10 Heavy Aromatics | East China Market | 7750 | 7750 | 0.0% |
| Industrial C10 Heavy Aromatics | South China Market | 8000 | 8000 | 0.0% |
Notes:
Source: Chempricehub Information
International crude oil prices exhibited mixed trends, offering limited support to the market. On the demand side, shipments of downstream high-boiling aromatic solvents declined, while cutting plants adopted a cautious wait-and-see stance, particularly regarding Xintai products. Consequently, the industrial C10 heavy aromatics market is expected to remain primarily stable with a wait-and-see attitude today, accompanied by sporadic price reductions.
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