I. Key Focus Points
Core Logic: Overnight crude oil prices showed mixed movements; the gasoline market trended downward; the Shandong Mixed C5 market remained consolidated.
II. Mixed C5 Price Trend Chart
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III. Price Table
Unit: Yuan/ton
| Region | Oct 16 | Oct 19 | Change | % Change | Remarks |
|---|---|---|---|---|---|
| Shandong | 6,790 | 6,780 | -10 | -0.15% | |
| East China | 7,880 | 7,780 | -100 | -1.27% | |
| Notes: | |||||
| 1. East China does not include Shandong Province. | |||||
| 2. Prices are tax-inclusive spot delivery prices from warehouses, in Yuan/ton. | |||||
| 3. Percentage change refers to week-over-week variation. |
Source: Chempricehub Information
IV. Market Outlook
Crude oil opened with mixed trends, offering limited guidance to the market. Trading sentiment in the gasoline market was subdued. Yesterday’s shipment activity for Mixed C5 was moderate, but end-user demand remained weak. Chempricehub expects the Mixed C5 market to trade slightly weaker today.
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