Daily Price Changes on Pentanes, Hexanes, Heptanes and Octanes | November 12, 2020

Information Morning Post : n-Pentane, n-Hexane, n-Heptane, Octane, Isopentane, Isohexane, Pentane Blends and D Solvents

Release Time: November 12, 2020 08:22

The energy minister of Algeria said that OPEC may extend the current scale of production reduction to 2021, and the possibility of increasing the reduction is not ruled out. International oil prices continue to rise, but the epidemic situation in Europe and the United States is still very serious, which has restrained the increase. In terms of n-Pentane, Isohexane, Isopentane, n-Hexane, n-Heptane and Pentane Blends, the sales situation of each manufacturer was not satisfactory yesterday, at present, n-alkane series products like n-Pentane and n-Octane are sold less, and they mainly focus on delivery of the backlog orders today. In the aspect of pentane blends, the manufacturers are operating in low invertory level, and therefore there is enough confidence for price stability support because the market is out of stock. However, the current price is close to the high level, and some downstream regions are in a state of resistance. It is expected that the market will maintain stable operation today.