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On October 28, 2026, international oil prices climbed to multi-month highs, driven by geopolitical risks in the Middle East as the market factored in a "conflict premium." ICE Brent crude (December contract) closed at $115.32 per barrel, while NYMEX WTI crude settled at $102.78 per barrel. Reports of an attack on an energy facility in Saudi Arabia—which has a daily production capacity of 550,000 barrels—intensified supply concerns; a prolonged shutdown would further exacerbate the already tight global crude oil balance.

Weekly Market Report for Glacial Acetic Acid: The market is expected to see weak, range-bound fluctuations next week, with a slight downward shift in the overall price level. With supply recovering, demand limited to essential requirements, and only modest support from methanol, there is little room for a sharp decline, while the probability of a rebound remains low. It is advised to procure supplies in batches during dips to meet essential needs, while exercising caution regarding inventory accumulation. Keep a close watch on the operational status of major production facilities.

China’s cyclohexanone prices increased in the last period. Shandong market stands at RMB 11,300/MT, up RMB100/MT; East China & South Guangdong markets quote RMB11,600-11,700/MT. Refineries lifted offers, but weak pure benzene spot weighed on market sentiment and capped price gains. Tight supply keeps cyclohexanone resistant to price drops, and most industry participants expect stable prices in the near term.

Product Update | Performance Advantages of Industrial-Grade Mixed Xylene and Analysis of 2026 Market Price Trends

Professional introduction to glacial acetic acid products

By the end of September, domestic glacial acetic acid prices are expected to fluctuate at high levels with a bullish bias; however, there is insufficient momentum for a sharp surge, and the risk of a pullback following a spike warrants caution.

On September 15, driven by heightened risks to Saudi crude oil supplies and the ongoing geopolitical standoff between the U.S. and Iran, international oil prices surged. Domestic INE crude oil strengthened in tandem, with the SC2611 contract posting continuous gains across both the day and night trading sessions.

Oil prices rose in August, while the chemical raw materials industry saw a decline in business conditions.

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This article introduces methyl formate (CAS 107-31-3), a green, high-performance fine chemical. It features strong solubility, high reactivity and low pollution, widely used as a chemical intermediate

In the ever-evolving landscape of industrial production and agricultural development,formic acid (HCOOH),also known as methanoic acid,stands out as a versatile and indispensable chemical raw material.