Daily Price Changes - November 6, 2020 - Junyuan Petroleum Group

Biden’s victory is expected to warm up, the scale of the new fiscal stimulus may shrink, and the policy toward Iran may ease or improve its supply recovery, and international oil prices will fall. In terms of gasoline, the rise of gasoline price was relatively small, and the enthusiasm of the middle and lower reaches of the market was fair, but most of them were small and just needed to be purchased. In terms of mixed C5, the shipment was generally good yesterday, with refinery inventory falling to a medium low level, but crude oil closed down. It is expected that the market will maintain stability today.
The market prices of high purity n-Pentane, n-Heptane and n-Hexane remain firm. The price of n-Pentane with a purity of 95% varies greatly.
After several days of continuous price decline, the current market price is relatively stable, there is no price change on pentane blends today.
For customers who need to pack n-pentane in drums, please note that the drums suitable for international transportation belong to class I packaging, and the drums used for domestic delivery are usually class II packaging, and the product performance of the two is also different. At present, there is a difference of 300 yuan per ton between the first class and the second class, which is 45.30 US dollars at today’s real-time foreign exchange rate.

Daily Price Changes – November 6, 2020