October 19th domestic propylene market overall steady downward trend. At present, the Shandong area of propylene quoted in the mainstream 7100-7300 yuan / ton; crude oil futures on Tuesday (October 18th) by the down turn up, hovering near the mark at about $50, due to the decline of the dollar, and market participants continue to evaluate the organization of Petroleum Exporting Countries (OPEC) may be cut. NYMEX11 month crude oil futures closed up $0.35, or 0.7%, to settle at $50.29 a barrel. December Brent crude futures rose $0.16, or 0.31%, to settle at $51.68 a barrel. Propylene is still stable. The high price of oil, to support the new propylene market supply end device started, but the device is debugging, no impact on the market, the downstream because of environmental inspection of epoxy propane operating capacity decline, other downstream operating smoothly, the market fell slightly. The specific need to continue to pay attention to propylene market supply side, the expected short-term propylene market balance of supply and demand, price stability.

October 19th prices edged up central China branch of Sinopec dimethylbenzene xylene: Changling refinery, Wuhan petrochemical, China Petrochemical 4700 yuan / ton. Sinopec Southern China Guangzhou Petrochemical Company solvent xylene: the implementation of 6000 yuan / ton, Maoming petrochemical price 5750 yuan / ton; heterogeneous xylene: Guangzhou petrochemical, Zhanjiang Dongxing are the implementation of 5900 yuan / ton. North China sales company Sinopec Qingdao refinery, Tianjin: xylene ethylene and Shijiazhuang refinery implementation of 4700 yuan / ton. Sinopec East China sales company xylene: Yangzi BASF, Zhenhai Refinery quote out 5900 yuan / ton. Liaoning huajintongda chemical Limited by Share Ltd xylene quotation implementation of 5960 yuan / ton, prices.

18 oil prices, due to the organization of Petroleum Exporting Countries (OPEC) production is expected to boost oil prices, although the market is expected to last week, U.S. crude oil inventories increased for second consecutive weeks. API announced in the oil city after the close, as of October 14th this week, U.S. crude oil inventories fell 3 million 800 thousand barrels to 467 million 100 thousand barrels, analysts expected to increase 2 million 700 thousand barrels. The message driven by oil prices rose to expand sharply in after hours trading. As of October 7th week, the U.S. crude oil inventories increased by 4 million 900 thousand barrels. Brent crude rose $0.16, or 0.3%, to $51.68 a barrel. U.S. crude oil rose $0.35, or 0.7%, to $50.29 a barrel. Affected by the crude oil inventories fell, crude oil prices edged up, expected prices to xylene ups and consolidation, rose slightly.

in October 19th, the domestic market of n-butanol stable move, manufacturers offer steady, individual manufacturers today compensation. The Shandong area in the mainstream factory yesterday raised 100 stable at 5800 yuan / ton, to discuss the market in 5850-5900 yuan / ton; Jiangsu and Zhejiang market slightly upward, manufacturers offer 50 yuan / ton, the mainstream manufacturers offer in 5850-5950 yuan / ton.

The downstream user butyl purchasing enthusiasm is poor, market trading atmosphere is weak, with concentrated low-end mainstream manufacturers; a low stock market offer firmer support. The powder raw materials, downstream procurement intention lack of turnover is limited, the market outlook cautious, to a certain extent affect propylene market sentiment, refinery inventory pressure control. Downstream market of butyl atmosphere light industry mentality; affected by the European BASF event, East China market speculation atmosphere rose butyl acrylate, holding the goods sell wait.

East China atmosphere benzene Market Piandan, high shipping is not easy, the offer is not much clear. The North China market by parking device, offer strong, low price is hard to find.

The crude oil by the down turn up, follow the outer disk slightly, the downstream production procurement, adhere to the selling price, the short-term market consolidation wait-and-see operation. Recommended to continue to focus on crude oil and the outer disk on the market guide.