I. Key Focus Areas
Crude Oil: On October 27, continued efforts by multiple parties to de-escalate tensions in the Middle East alleviated concerns over supply risks, leading to a decline in international crude oil prices. NYMEX December crude oil futures closed at $99.90/bbl, down $1.86/bbl (-1.83% WoW); ICE Brent December futures closed at $113.88/bbl, down $1.93/bbl (-1.67% WoW). INE China December 2026 crude oil futures fell by 8.1 yuan to 731.6 yuan/bbl during the day session and dropped by 18.7 yuan to 712.9 yuan/bbl in the night session.
Gasoline: Yesterday, gasoline prices at Shandong refineries remained stable, with a production-sales ratio of 90%.
Mixed C5: The mixed C5 market in Shandong declined yesterday.
Core Logic: Overnight crude oil prices fell; the gasoline market remained stable; the Shandong mixed C5 market trended downward.
II. Mixed C5 Price Trend Chart
| Figure 1: Domestic Mixed C5 Price Trend (Yuan/Ton) |
|---|
| Source: Longzhong Information |
III. Price Table
Unit: Yuan/Ton
| Region | Oct 26 | Oct 27 | Change | % Change | Remarks |
|---|---|---|---|---|---|
| Shandong | 7440 | 7330 | -110 | -1.48% | |
| East China | 7430 | 7350 | -80 | -1.08% | |
| Notes: | |||||
| 1. The "East China" region excludes Shandong Province. | |||||
| 2. Prices are tax-inclusive cash-on-delivery prices from warehouses, quoted in Yuan/Ton. | |||||
| 3. Percentage changes represent week-over-week variations. |
Source: Chempricehub News
IV. Market Outlook
The overnight drop in crude oil prices dampened traders' willingness to enter the market. Yesterday's gasoline market remained stable, with buying and selling sentiment improving as the month-end approached. Market sentiment is bearish, and refinery shipments of mixed C5 were sluggish yesterday. Chempricehub News expects the mixed C5 market to remain weak today.
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