From January to November price trends, domestic cracking c5 prices fluctuating largely around the naphtha price curve. Duo to the international oil prices have big increased since October. The Brent crude on $60, to drive the rapid rise in the domestic price of cracking c5, only the first three weeks of November, Sinopec around the cracking c5 prices raised many times.
In late November, domestic cracking c5 after prices, now has reached RMB 4900-5000 / MT. The prices also increased the production cost of downstream processing enterprises. Especially for road marking paint of c5 resin, with cold weather, the road to stop the construction, reduced demand. So the competition will be intensified.
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