ResearchIndustry Insights2026-10-23
Paraffin export window open; petcoke inventory at 87%
Paraffin futures at ¥3,650/ton (+1.42%), export margin turned positive; petcoke port inventory rate rose to 87%, with 213,000 tons congested at East China ports. Brent-FO spread narrowed to $22.1/bbl, supporting paraffin cracking economics.