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Oil | Gas | New Coal Chemical | Plastic | Rubber | Olefin | Aromatics | Chemical fiber | Methanol & downstream | PTA | Assessment
This Thursday, China TDI market price fell down again, especially for home-made TDI. The South China market crashed again after maintaining stable for just two days. Home-made TDI price slum
10-24-2014 17:40:02
Bohai-Rim Steam-Coal Price Index (BSPI) closed up CNY7/mt at CNY497/mt on October 22. 5,500 kcal/kg steam coal price has been up to CNY500/mt from CNY478/mt at the end of August, and the
10-24-2014 15:31:03
The prices of steam coal with high calorific value increased by CNY15/mt month on month in west part of the region, marking the biggest rise this year.
10-24-2014 15:15:04
According to Inner Mongolia Coal Industry Bureau, Inner Mongolia imported 14.7 million mt of coal in the first three quarters of this year, up by 4.7% year on year.
10-24-2014 15:12:28
On October 23, price index of base oil 150SN and 400SN read 8,302 and 8,453 respectively, down 17 points and 25 point from September 25.
10-24-2014 09:02:17
On October 23 (Thursday, Asian Time), supported by the positive HSBC's China October Manufacturing PMI, international crude oil futures price increased slightly.
10-23-2014 17:34:11
In recent days, international crude oil price went down slightly and The change rate of crude oil was still waving negatively. The price reduction of oil products was still unfavorable to th
10-23-2014 17:03:05
According to the National Bureau of Statistics, China’s gross domestic product of the third quarter increased by 7.3%, the smallest range since 2009. This number was higher than the expect
10-23-2014 17:02:31
Since early 2014, the macro economic downturn flattened the methanol industry in East China to some extent. At the same time, this year’s real estate industry showed remarkable slump, with
10-23-2014 17:00:12
In September, 2014, China methanol import was 388,000mt, decreasing by 76,000mt On month; the import price in September was averaged at $358.1/mt, increasing by $13/mt On month. The total im
10-23-2014 15:52:57
According to JYD, the referential crude oil change rate stood at -6.13% on October 22 (Wednesday), the third working day, with gasoline and diesel prices declining CNY290-340/mt.
10-23-2014 15:02:03
After a rise in September, methanol price fell recently. Market players indicated that the traditional need for methanol was as usual but there appeared an extra need for methanol to olefine
10-23-2014 10:28:01
Recently, PTA price dropped sharply. PTA futures price fell to CNY1,700/mt with the spot price sliding from CNY7,580/mt to 5,900/mt. In September, PX price dropped over 7.85%.
10-23-2014 10:26:06
The Zhuzhou Times New Material Technology Co., Ltd. (Zhuzhou TMT), the subsidiary of CSR Zhuzhou Institute Co., Ltd., has finished the merger & acquisition of ZF Friedrichshafen AG (ZF Group
10-23-2014 10:25:31
The latest study from Reuters (October 21, Tuesday) found that the US Energy Information Administration (EIA)'s crude inventory rose while oil product inventory reduced during the week from
10-23-2014 10:22:03
From January to September, 2014, coal price dropped all the way while crude oil price fell after rise. In the long run, coal to olefin (CTO) is more cost-effective and profitable than oil to
10-22-2014 17:48:02
Currently, whether to produce propylene or polypropylene, coal chemical technologies have unmatchable cost advantages than other ones. That means enterprises could schedule their production
10-22-2014 17:27:48
Brent crude oil ended up almost 1% on October 21 (Tuesday), helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted s
10-22-2014 15:29:34
On October 15 (Wednesday), the US Department of Commerce confirmed steep duties on imports of refrigerant gas from China, saying the goods were sold too cheaply in the United States and were
10-22-2014 09:18:03
According to the US Department of Commerce, the Shandong Yongsheng Rubber Group, submitted as an anti-dumping and anti-subsidy mandatory respondent on August 14 and August 27 for two times,
10-22-2014 09:16:19
In early and mid-October, negative sentiment filled China's oil market as international crude oil futures price continuously decreased and oil product prices faced the sixth consecutive drop
10-22-2014 09:12:20
To further strengthen the consumption tax on oil products, Shandong issued "Shandong Tax Bureau statement on consumption tax management", to be implemented from 20th Oct 2014, is known to be
10-20-2014 16:15:13
Shaanxi province produced 46.84 million mt of coal in September, down 7.10% from a month ago. From January to September, it produced 371.90 million mt of raw coal, up by 4.29% from the previ
10-20-2014 09:03:08
Beijing will adopt a special air pollution control plan for Asia Pacific Economic Cooperation (APEC) conference next month, with suspension of factories in the event of a pollution warning.
10-20-2014 09:02:13
According to China Coal Transport and Distribution Association, China produced 292 million mt of coal in September, decreased by 7.0% year on year, the sixth consecutive year-on-year decline
10-20-2014 09:00:16
China's largest oil and chemical equipment industrial park, the High-end Equipment Industrial Park of Lanzhou Lanshi Group Co., Ltd., was put into operation on October 14. It is the first ma
10-20-2014 08:32:14
Rubber prices remained declining and would probably hit new lows despite rubber producing countries’ attempt of supporting the market.
10-20-2014 08:31:27
Liaohe Petrochemical has been expanding the purchasing channels and increasing the variety of crude oil. On September 19th, Columbian crude oil was firstly adopted for processing. Its first
10-17-2014 17:43:24
Recently, according to the Products Quality Supervising Test Institute of the Xinjiang Uygur Autonomous Region, based on Directives for Standardization, six enterprise standards made by King
10-17-2014 17:42:17
It is known from the management committee of Hexigten Industrial Park, Inner Mongolia, the downstream deep-processing project construction in the park were accelerated as the phase I project
10-17-2014 17:41:49
Ministry of Commerce of China released 2015 China Fertilizer Import Tariff-rate Quotas, Allocation Principle, and Relative Program on the website.
10-17-2014 17:40:25
Recently, the price of international crude and naphtha slumped, so did the price of benzene and styrene in Asia and the US. Currently, the whole chemical market is slack and styrene market i
10-17-2014 17:37:56
PP market continued downward in late September, with a drop of CNY200-300/mt or 1.77%-2.65% compared with mid-September.
10-17-2014 10:46:02
In China, the consumption of natural gas is growing sharply, and the share of energy consumption will increase to 30% from 5%.
10-17-2014 09:13:28
In October, the continuous drop of international crude oil price led to the fall of expected CP for November.
10-17-2014 09:02:57
China's new round of oil price adjustment window will open at 24:00 on October 17.
10-16-2014 18:11:57
On October 14, 2014, crude oil prices suffered a general slump, and the close price of WTI and Brent both declined over 4%.
10-16-2014 17:58:59
With the influence of light feedstock for petrochemical cracking plants in North America, global butadiene market is expected to enter a new round of booming cycle. Global controlled-release
10-16-2014 17:31:06
From the middle of October to the middle of December, Huizhou Refinery Branch of China National Offshore Oil Corporation (CNOOC), the leading petrochemical project in Huizhou will shut down
10-16-2014 17:30:26
On October 14th, China’s main contract 1501 of methanol opened low while closed high at CNY2,659/mt, with a remarkable gain. Therefore, the premium over spot price in East China was largel
10-16-2014 16:58:55
On October 14th, China’s main contract 1501 of methanol opened low while closed high at CNY2,659/mt, with a remarkable gain. Therefore, the premium over spot price in East China was largel
10-16-2014 16:58:04
The price of crude oil, the chemical indicator, continued downward with WTI price having slumped since October, 2014 and even hitting the lowest level of the year at $85.82/bbl on October 10
10-16-2014 11:26:49
Since May 2014, PTA tycoons, Yisheng, Hengli, and Xianglu, have come to a price-stabilization agreement as a strong strategic alliance under the pressure for survival.
10-16-2014 09:12:13
Ministry of Commerce, People's Republic of China (MOFCOM) released on October 10 its Announcement No. 62, 2014, and decided to start the final review on anti-dumping measures against importe
10-15-2014 15:22:29
Shandong Taxation Bureau recently released the Announcement of Strengthening Oil Product Consumption Tax Management, aimed to tighten regulations on the deduction of oil product consumption
10-15-2014 14:20:54
The general benzene inventory of Sinopec was in low position, which was said to be less than 15,000 mt. Sales were stable upon contracts. A major proportion of products were supplied among S
10-14-2014 17:19:59
October 8 was the first workingday for this month. PTA was closed by a slump of 5.83% by its limit and was lower than the bottom price of CNY5,990/mt on May 8, 2014, at a stroke as the histo
10-11-2014 17:03:35
On October 8, the executive meeting of the State Council decided that the approval for fertilizer investment projects turned into filing management and all approvals for oversea fertilizer p
10-11-2014 17:02:26
Miner Rio Tinto said Wednesday it had completed the sale of its assets in Mozambique's Tete province to Indian state-run consortium International Coal Ventures Private Limited (ICVL).
10-11-2014 10:09:51
According to sources, China is taking serious initiatives to reduce dependence on coal as it looks ready to unleash unprecedented measures to reduce its greenhouse gas emissions.
10-11-2014 10:02:16
The outlook for thermal coal import demand in China, the world's largest importer, is weak, rating agency Fitch said in its latest industry report.
10-11-2014 09:53:09
The U.S. Department of Commerce’s International Trade Administration postponed its preliminary determination on an anti-dumping investigation against Chinese passenger and light truck tire
10-11-2014 09:53:23
The final HSBC/Markit PMI hovered at 50.2 in September, unchanged from the August’s three-month-low reading, but lower than a preliminary reading of 50.5.
10-11-2014 09:48:48
Shanxi, one leading coal production base in northern China, aims to remove coal inspection stations at the county level and below by the end of 2014, sources reported, citing insiders with o
10-11-2014 09:26:43
Coal stockpiles at northern China ports stayed at relatively high levels during the weeklong National Day holidays from October 1 to 7, amid persisting weak demand from well-stocked utilitie
10-11-2014 09:15:15
According to Cooper Tire, the Chengshan Group Co. Ltd. (China) plans to acquire Cooper Tire & Rubber Co.'s 65% ownership stake in their Cooper Chengshan (Shandong) Tire Co. Ltd. (CCT) joint
10-10-2014 16:39:50
Washington, DC (July 31, 2014) – Today, a bi-partisan group of senators made up of, Sen. Tammy Baldwin (D-WI), Sen. Al Franken (D-MN), and Sen. Rob Portman (R-OH), introduced the “Propan
10-10-2014 16:26:48
The equipment maker Kin Precision Industry Co. Ltd. of Taiwan, China, has opened a 2,000-square-meter factory in Taichung, Taiwan.
10-10-2014 16:24:32
The Shini Plastics Technologies Inc. of Taiwan, China, zestfully pursuing the enormous market in mainland China for plastics auxiliary equipment, plans to establish a new $6 million factory
10-10-2014 15:56:59
Benecke-Kaliko Group, the producer of surface materials for automotive interiors, plans to build a second plant in China, with the foundation stone for the facility to be laid before the end
10-10-2014 15:29:15
Shanghai bunker fuel prices fell to a 45-month low Wednesday as weak crude oil market sentiment and a week-long holiday in China increased selling activity, but traders said Thursday they ho
10-10-2014 14:49:36
Coal stocks at China's four major Bohai Sea ports rose 976,000 mt or 5.1% week on week to 20.146 million mt on October 5, Qinhuangdao Port said Wednesday.
10-10-2014 14:47:02
China will impose a 3% tax on imports of coking coal and anthracite products starting October 15, the Ministry of Finance said Thursday. The move is expected to help China's mining sector co
10-10-2014 14:46:05
It was reported from Shanxi Weilai Energy & Chemical Co., Ltd that its state-level indirect coal to liquid (ICTL) pilot project, Yankuang Yulin 1 Million mt/yr pilot project, had got approve
10-10-2014 11:59:33
China Petroleum and Chemical Industry Federation (CPCIF) recently delivered a report on the industrial economic operation in August.
10-10-2014 11:58:51
Two pipelines were to be built in Inner Mongolia for natural gas exportation, namely Hulun Buir-Tianjin-Hebei Natural Gas Pipeline and Erdos-Tianjin-Shandong Natural Gas Pipeline.
10-9-2014 17:32:03
China methanol showed ordinary during the past National Day holiday. Influenced by the traffic controls of hazardous chemical substances, prices in various areas were adjusted in short range
10-9-2014 17:31:41
According to the Statistical Bureau of Oman, till the end of July this year, the petroleum output in Oman was over 200 million barrels by 1.1% of year-on-year growth.
10-9-2014 17:31:16
National Development and Reform Commission announced on September 29 that since September 29 zero, the prices of gasoline and diesel were reduced by CNY100 and CNY95 per ton respectively.
10-9-2014 17:30:51
After 8 years preliminary work, Sinopec Huabei Petrochemical recently started the upgrading and rebuilding project of its 10 million mt capacity refining unit in Renqiu, Hebei province.
10-9-2014 17:30:16
Oil prices held near multi-month lows Tuesday as traders weighed slightly more positive Chinese manufacturing data and an escalation of the conflict in the Middle East against ample global s
10-9-2014 15:16:57
The global methanol industry is growing at a rapid pace. The global methanol industry is impacted quite a bit by environmental regulations and political factors as well. With the use of meth
10-9-2014 15:16:22
The WesPac/CME integrated solution represents a significant step in the evolution of LNG as a marine fuel. The partnership is able to provide both the funding required for LNG conversion as
10-8-2014 09:40:21
Clean Energy Fuels said that it has signed a multi-year fueling agreement to further support Dillon Transport in heavy-duty natural gas truck fueling.
10-8-2014 09:31:43
Legislation to be introduced in the fall session will provide increased certainty for proponents of potential LNG projects, ensure fair benefits for British Columbians, establish B.C. as a c
10-8-2014 09:24:29
Details of the alliance will be negotiated in the coming period aiming to conclude a final agreement concerning and to establish a legal entity for the purpose of realizing the JV within the
10-8-2014 09:22:16
As a part of an ongoing evaluation program, GFS Corp will be converting nearly a quarter of Arch Coal’s Komatsu 930E haul truck fleet to an LNG operation using the EVO-MT 9300 System. The
10-8-2014 09:04:25
Seven shipping lines from South Korea joined forces with local shipbuilding companies to try and win an order from Korea Gas Corp for the build of six LNG carriers.
10-8-2014 08:58:58
American Power Group said it will introduce its new S4000 Series Stationary Dual Fuel System at the High Horsepower (HHP) Summit in New Orleans, Louisiana.
10-8-2014 08:54:38
DuPont Co. plans to spend more than $15 million to improve its fluoropolymer product offerings in China. The plastics and chemicals giant will move production of Teflon-brand fluorpolymer fi
9-30-2014 16:22:00
China’s railways transported 193.0 million tonnes of coal in August, an increase of 3.76% from the previous month and 0.7% from the year before, according to the latest data from the Natio
9-30-2014 15:22:23
China’s top coal producer Shenhua Group may increase thermal coal prices by CNY5-10/t next month, as demand from utilities is expected to improve while supply may tighten at northern China
9-30-2014 15:21:00
Coal trucking freight rates has increased CNY2-15 /t in northern China’s coal-rich Inner Mongolia autonomous region, mainly due to growing residential demand since late August, sources rep
9-30-2014 15:20:09
Shanxi, one leading coal production base in northern China, saw further drops in fixed-asset investment in its coal industry in the first eight months, impacted persisting weak demand and ch
9-30-2014 15:19:14
China’s leading coal dedicated Datong-Qinhuangdao railway, connecting Datong City of coal-rich Shanxi province and northern China’s Qinhuangdao port, will be undergoing routine maintenan
9-30-2014 15:17:54
Chem-Trend, a global leader in the development and production of high-performance mold release agents and casting lubricants, is expanding R&D facilities in China, Brazil and India.
9-29-2014 17:17:33
The rubber futures price in the Tokyo Commodity Exchange (TOCOM) ended higher on September 26. It rose by JPY4.5/kg to settle at JPY185.4/kg.
9-29-2014 16:59:20
Cheng Shin Rubber Industry Co., the ninth largest tire company in the world and based in Taiwan China, plans to enhance its R&D spending at its Kunshan facility with the hope of securing mor
9-29-2014 16:46:44
Chinese President Xi Jinping and his Indian counterpart Narendra Modi signed agreement on building two industrial parks in the western Indian state of Gujurat in September.
9-29-2014 16:11:45
Southern China's economic hub of Guangdong province imported 4.4 million mt of coal in August, a month-on-month fall of 22.54% from July, Fenwei Energy, a business unit of Platts in China, r
9-29-2014 14:14:32
Australian independent ROC Oil and partner Horizon Oil announced Monday, September 29, they have discovered oil at well WZ12-10-1 in Beibu Gulf Block 22/12, offshore China.
9-29-2014 14:13:51
China Tian Lun Gas Holdings Limited, a gas operator and distributor with nationwide coverage in China, has formed a joint venture Inner Mongolia Oil and Gas Investment Joint-stock Co., Ltd.
9-29-2014 14:11:58
China's apparent oil demand in August climbed to its highest level in a year.
9-28-2014 14:44:53
China has a rapidly growing economy. It has a large population of 1.35 billion people. As a result, China’s energy demand is rising significantly. It plays a major role in the crude tanker
9-28-2014 14:44:25
Kuwait's crude oil exports to China in August stood at 809,000 tons, equivalent to about 191,000 barrels per day (bpd), the latest government data showed Wednesday.
9-28-2014 14:43:38
Crude oil prices witnessed mixed trade amid concerns surrounding weak demand in Europe and China and the prospect of higher demand in the US.
9-28-2014 14:42:31
Crude-oil futures rebounded early Tuesday, after overnight losses, and continued trading in green territory, buoyed by data from China that showed that the slowdown there is less severe than
9-26-2014 16:37:09
China National Offshore Oil Corp has started oil product exports, the company said on Friday, joining oil majors Sinopec and PetroChina to conduct overseas sales from its own refinery.
9-26-2014 16:36:17
An unconventional frac job requires 5 million gal of water on average. About 50-80% of this amount will flow back to surface within the first few weeks of production.
9-26-2014 16:34:40
Chinese oil giant Sinopec will sell a 30 percent stake in its marketing arm to outside investors for more than $17bn (£10.5bn), the company said.
9-26-2014 16:35:38
China's apparent oil demand in August climbed to its highest level in a year, according to a just-released Platts analysis of Chinese government data.
9-26-2014 16:34:40
The ex-refinery jet fuel prices at which China National Offshore Oil Corporation, PetroChina and Sinopec will supply to China National Aviation Fuel are expected to fall for a fourth straigh
9-26-2014 16:33:52
It was showed that China's imports of biodiesel fell 29% month on month to 82,595 mt in August. Imports from main supplier Indonesia fell 32% over the same period to 77,559 mt, while imports
9-26-2014 16:33:21
It is learned that ethanol vehicles will continue to expand the scope of the pilot cities, the new Yuncheng, Datong and other pilot cities, and bulk increase methanol vehicles put into trial
9-26-2014 16:32:43
The downturn of oversea market price is one of the major reasons influencing domestic benzene market, also a key elements affecting the price adjustment of China enterprises.
9-26-2014 16:32:05
Zhongshan Jiaming Electric Power Co., Ltd, a company of Gas & Power Group, CNOOC, has produced “clean and green” power of over 40 billion KWH with its generator set.
9-26-2014 16:30:40
Recently, international crude oil futures were fluctuated. Affected by this, China oil product market ran with moderate volatility; while gasoline and diesel in Shandong got stable after con
9-26-2014 16:27:50
Enterprise Products Partners LP (EPP) says it will build a 6-6.5 million bbl/month LPG export terminal at a yet-to-be-determined site on the US Gulf Coast. The terminal will load low-ethane
9-26-2014 16:24:38
A new study of US NGL markets from Simmons & Co. International, Houston, sees ethane remaining in oversupply near term and export growth bringing balance to propane and butane markets.
9-26-2014 16:14:58
Compared with the general price climbing in the whole country, methanol price in the northwest area was more possible to ascend, which was expected to keep up with that in East China.
9-26-2014 10:45:16
With the booming of the shale gas revolution in America and the promotion of MTO projects in China, recently, some insiders suggested that China could purchase shale gas from America for ole
9-26-2014 10:44:45
According to lately forecast, many newly-built MTO, MTP and PDH equipments would leave propylene in China and North America into oversupply, which would permanently change the situation of g
9-26-2014 10:42:17
Evonik Industries has officially announced its plan to build a new plant for Rohacell polymethacrylimide (PMI) structural foam in Shanghai, China.
9-25-2014 18:23:30
In September, quotations of China-made polyvinyl chloride (PVC) went upward in Russia market, followed by the decreasing exchange rate of Russian ruble against US dollar.
9-25-2014 18:16:05
The Ministry of Economy and Public Finance, Argentina announced that it has issued Announcement 688 on September 18, 2014, determining to carry out anti-dumping review investigation against
9-25-2014 17:05:15
The HSBC/Markit Flash China Purchasing Managers' Index (PMI) rose to 50.5 in September from Augusts' final reading of 50.2, indicating the country’s manufacturing sector picked up some mom
9-25-2014 16:41:11
To increase cleaner power generation and cut greenhouse gas emissions, China will order power firms nationwide to upgrade coal conservation technology and eliminate outdated capacity.
9-25-2014 16:29:46
Tokyo rubber futures price plumbed to a fresh five-year low on September 24 due to the weak demand from China and falling oil prices.
9-25-2014 16:18:57
An industry body representing China's coal-mining industry has vowed to continue its push for output reductions in a bid to lift power-station coal prices by 20 per cent from their trough, a
9-25-2014 16:13:32
In August, coal price in Shaanxi province began to rebound, and both coal output and sales represented a MoM increase.
9-25-2014 15:31:34
According to General Administration of Customs, China’s coking coal imports plunged 23.96% from July to 3.84 million tonnes last month, the fourth consecutive month-on-month decline, refle
9-25-2014 15:02:25
The injection molding machine builder Engel established a new production plant in Changzhou, China in mid-September.
9-25-2014 14:56:39
Shenhua Group, China’s top coal producer, may increase thermal coal prices by CNY5-10 /t next month, as demand from utilities is expected to improve while supply may tighten at northern Ch
9-25-2014 14:40:24
Fixed-asset investment in China’s coal industry dropped 3.3% compared to the year-ago level over January-August this year, mainly due to persisting weakness of the coal market, the latest
9-25-2014 14:25:39
China plans to reduce coal output in the last four months by 12% year on year, totaling 150 million tonnes, Lian Weiliang, deputy director of the National Development and Reform Commission,
9-25-2014 14:23:34
China’s coal-rich provinces have started to implement measures to enforce production cuts and help the coal industry get out of the current difficult time, in response to requirements of t
9-25-2014 14:18:33
Raw coal output in Shanxi, China’s second largest producer of the fuel, dropped for the second consecutive month in August on a month-on-month basis, as miners reduced output amid low pric
9-25-2014 14:15:37
China Coal Energy Co., Ltd., the country’s second largest coal producer, produced 9.26 million tonnes of coal in August, down 5.5% year on year and down 8.95% from July, the company said l
9-25-2014 14:08:31
Pivotal LNG, an AGL Resources unit, signed a long-term agreement to sell liquefied natural gas to Crowley Maritime’s subsidiary Carib Energy, for use by Carib`s customers in Puerto Rico.
9-25-2014 09:21:38
A steel cutting ceremony for the first of three Infield Support Vessels (ISVs) being constructed by Perth-based KT Maritime Services Australia to support Shell’s giant Prelude FLNG project
9-25-2014 09:16:02
Magnolia LNG, a unit of LNG Limited, said that the company achieved two significant milestones this past week in progressing its pending application with the Federal Energy Regulatory Commis
9-25-2014 09:02:46
Petronas commenced the lifting of the first topside module for its floating liquefied natural gas (PFLNG1) facility at the Quayside of Daewoo Shipbuilding and Marine Engineering (DSME) shipy
9-25-2014 08:50:00
Australia’s resources and energy commodity export earnings increased 12 per cent in 2013-14 to total $195 billion, according to a report released by the Bureau of Resources and Energy Econ
9-25-2014 08:47:25
Japan’s second largest buyer of LNG from Russia, Tokyo Gas, is finding it difficult to tie up new Russian supplies of the liquefied gas due to concerns over sanctions imposed on Russia.
9-25-2014 08:39:11
China plans to produce styrene of 1.52 million mt capacity from 2014 to 2016. Specifically, only Dongming Petrochemical plans to put a capacity of 60,000mt into operation with in 2014.
9-24-2014 18:22:20
Dupoint opened its Innovation center in Shanghai, the company’s first such facility in Chinese mainland. According to Dupoint, the center will feature the company's latest innovations, app
9-24-2014 17:59:49
The rubber inventory in Qingdao Bonded Zone has remained the downward trend. According to the source, over 70% of the warehouses in the zone discharged more than 30% of their cargoes.
9-24-2014 17:49:13
The mold maker and plastics processor TK Group (Holdings) Ltd., in Hong Kong China, has reached a tentative agreement of purchasing a tooling factory in Shenzhen from a multinational company
9-24-2014 11:38:02
After stepping into October, national oil product market might face another round of product upgrading. On October 1, gasoline in the whole Guangdong province would be upgraded into National
9-23-2014 17:40:32
National oil price index is a comprehensive index founded by Xinhua (Daqing) International Petroleum Information Center through systematic and professional calculation on the basis of collec
9-23-2014 17:40:02
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the coun
9-23-2014 17:38:53
Guangzhou Fengli Tire & Rubber Co. Ltd. has begun a project at its plant in Conghua, China, to install eco-friendly, high-performance tires.
9-23-2014 15:58:01
Tokyo rubber futures price decreased more than 3% to its five-year low on September 22. Meanwhile, Shanghai rubber prices also declined sharply due to concerns over China’s economic outloo
9-23-2014 15:33:58
German engineering giant Siemens said it has entered into an agreement to buy Dresser-Rand, a U.S. oil, gas and small-scale LNG equipment maker.
9-23-2014 14:50:31
Shaanxi Yanchang Petroleum Northwest Rubber L.L.C. has completed the establishment of a tire plant in Xianyang China, representing a $165 million investment and rated at 8 million units a ye
9-23-2014 14:25:06
Though the general price-to-sales ratio was slightly turned down with diversity among the performance of various companies, the general profitability was remarkably higher than the average l
9-22-2014 17:45:42
Shandong is the biggest chemical province in China with special advantages in traditional fields like tire, oil refining and chemical, and petroleum equipments, as well as strategically emer
9-22-2014 17:44:55
Over the first eight months, domestic coal industry suffered double losses in both production and sales. The coal output was 2.518 billion mt, a 1.44% year-on-year decrease; the sales volume
9-22-2014 17:41:36
According to Shenyang Chemical source, its wholly-owned subsidiary Shenyang Paraffin Chemical has succeeded in the commissioning of the 30,000mt/year metallocene polyethylene(MLLPE)proje
9-19-2014 17:37:30
China’s coal-rich provinces have started to implement measures to enforce production cuts and help the coal industry get out of the current difficult time, in response to requirements of t
9-19-2014 17:20:50
Import of coking coal from Mongolia has been resumed at Takeshiken border crossing in northwestern China’s Xinjiang Uygur Autonomous Region, with the first batch totaling 500 tonnes arrive
9-19-2014 17:06:41
Inner Mongolia autonomous region, China’s leading coal production base, produced 615.45 million tonnes of coal over January-August this year, down 6.6% from the year before, showed data re
9-19-2014 16:59:26
Raw coal output in Shanxi, China’s second largest producer of the fuel, dropped for the second consecutive month in August on a month-on-month basis, as miners reduced output amid low pric
9-19-2014 16:53:00
According to Hebei Jinniu Chemical, China, the 230,000mt PVC unit and the 80,000mt PVC unit are suspended for overhaul on September 19.
9-19-2014 16:54:15
Siemens Energy said it has received an order from Chengdu Cryogenic Liquidation Equipment to provide two compressor trains for an LNG project in Etuoke Qian Qi of Inner Mongolia Autonomous R
9-19-2014 16:37:25
Air Products signed an agreement to provide two sets of its proprietary LNG technology, equipment, and process license for Freeport LNG's liquefaction and export project.
9-19-2014 16:08:33
Although anti-dumping measures against styrene-butadiene rubbers (SBR) imported from Russia, Japan and South Korea has been terminated on September 8 by China’s Ministry of Commerce, the i
9-19-2014 16:02:24
Oman Drydock Company (ODC), one of the largest ship repair yards in the Middle East, said it has completed work on the Ibra LNG tanker, owned by Oman Shipping Company (OSC).
9-19-2014 15:38:37
Collaborative efforts will be made between China and Malaysia in rubber research and technology to market more rubber products.
9-19-2014 15:12:07
China’s Polymax Elastomer Technology Co. Ltd. established a new production site and headquarters in Waukegan, Illinois.
9-19-2014 14:47:26
After the 14 systematic auxiliary engineering units were firstly handed over intermediately, 9 units were turned over on September 12 during the medium term of the project
9-19-2014 14:42:45
Kailuan, as “the source of China’s coal industry”, has created remarkable achievements. The coal chemical industrial park of Jingtang Port occupies an area of 4,300 mu.
9-19-2014 14:41:34
It was said that the profit of processing Shengli crude oil for Shandong teapots shrank weekly. According to statistics, the theoretical profit would be CNY34/mt, with a weekly fall of CNY26
9-19-2014 14:41:01
Guohua Engergy Investment, a state-owned sole corporation of Shenhua Group, recently opened listing in China Beijing Equity Exchange, transferring 15.77% of shares of Huaneng International P
9-19-2014 14:40:19
According to the latest steam coal price index in Circum-Bohai Sea delivered on September 17, the steam coal of calorific value 5500 kcal/kg was priced unchanged, closing at CNY482/mt.
9-19-2014 14:38:08
China’s coastal coal freight rates dropped to new lows, following continuous decline over the past month, showed data from the Shanghai Shipping Exchange, impacted by weak shipping demand.
9-19-2014 10:30:17
China’s Crude Steel output reached 68.91 million tonnes in August, edging up 0.86% from July and up 1.0% from the previous year, in spite of sluggish domestic demand, showed data from the
9-19-2014 10:28:44
China’s leading coal dedicated Daqin rail line, which links Datong in coal-rich Shanxi province and northern China’s Qinhuangdao port, transported 38.15 million tonnes of coal in August,
9-19-2014 10:27:10
Coal stockpiles at northern China ports further increased over the past week amid persisting weak demand from well-stocked utilities that are running low capacities due to recent rainfalls.
9-19-2014 10:25:32
Northwestern China’s Shaanxi province, the country’s third largest coal production base, produced 50.42 million tonnes of raw coal in August, up 11.79% from a year ago, according to the
9-19-2014 10:24:07
Coal stocks at China’s key power plants totaled 79.53 million tonnes by the end of August, the highest over the past nearly seven months, mainly due to low consumption amid weak power dema
9-19-2014 10:05:48
In September 17, China’s the Ministry of Industry and Information Technology (MIIT) released the Entry Criteria of Tire Industry.
9-18-2014 18:41:52
According to Bloomberg, having decreased to the lowest level of the five years which resulted in output reduction, the rubber price is predicted to rebound in the coming future.
9-18-2014 18:14:16
According to Singapore source, Chinese buyers have taken panic purchase in accordance with the downward price which has slipped to the lowest level over several years.
9-18-2014 17:45:17
Given previous seasonal changes, the downstream methanol consumption in the third quarter looked up with its spot price picking up gradually. The fourth quarter was a peak consumption season
9-18-2014 17:40:09
Recently, National Development and Reform Commission delivered a Catalog of Industries Encouraged in Western China, which would be carried out formally on October 1.
9-18-2014 17:39:08
According to statistics of the Entry-Exit Inspection and Quarantine Bureau of Changshu, there were 12 batches of Phenol exports in Changshu from January to August.
9-18-2014 17:38:22
Till 2020, PetroChina would launched 6 refinery bases of 10 million mt capacity respectively in the northeast of China to achieve a 100 million crude oil processing capacity each year, revea
9-18-2014 17:34:42
Yangmei Chemical Co., Ltd., which has fallen into huge loss, had to purchase earning assets to get rid of its dilemma. Currently,the company spent over CNY1.5 billion to purchase three ass
9-18-2014 17:33:15
CTYC has won the bidding of the circular economic integration of coking reorganization and expansion of Zhongtai, Baicheng County located in Xinjiang, a EPC project of the design, purchase,
9-18-2014 17:30:21
China's crude oil imports in August recovered to 25.19 million mt or an average 5.96 million b/d, surging 17.5% year on year, according to preliminary data released Monday, September 8, by t
9-18-2014 17:28:34
Among the Global 75 Tire Enterprises in 2014 by the Rubber & Plastics News, 34 come from China (including five from Taiwan China), up by 45.3% from the previous year.
9-18-2014 17:03:56
Over two dozen Senate Democrats have expressed support to the Commerce Department for taking anti-dumping investigation on China-made tires imported to the US.
9-18-2014 16:03:17
Shaanxi Yanchang Petroleum Northwest Rubber L.L.C. has finished building a tire plant in Xianyang, Shaanxi Province, China.
9-18-2014 11:47:42
Since last year, Circum-Bohai Sea Economic Zone represented by Tianjin Port sell huge amount of methanol in the East China, attracting the attention among many traders.
9-18-2014 10:51:16
On September 8, Zhongtai Coking Co., Ltd., a subsidiary of Henan Energy and Chemical Xinjiang Group Co., Ltd., signed a general contract of coke oven gas (COG) to methanol in Chengdu, Sichua
9-18-2014 10:50:43
It was revealed that the “13th Five-year Plan” of the petrochemical industry in China was compiled on a real-time basis.
9-18-2014 10:47:51
The world leading tire manufacturer Michelin officially launched a new type of tire for passenger vehicles in China, the 11R22.5 X Coach Energy Z.
9-17-2014 18:20:06
China’s Xinjiang Zhongtai Chemical Co. Ltd. officially canceled an 800,000mt PVC resin project due to the gloomy PVC market.
9-17-2014 15:08:09
The United Steel Workers (USW) has filed a petition with the Commerce Department to seek for an expedited anti-dumping determination against Chinese-produced consumer tires exported to the U
9-17-2014 14:09:22
Rubber storage in the warehouse of Qingdao, China has decreased sharply. The total stocks on Monday stood at 192,200mt. The slump has cause a price rise in Tokyo Commodity Exchange.
9-17-2014 13:06:38
Leading oil and natural gas companies PetroChina Co Ltd and CNOOC Ltd reported first-half results on Thursday that reflected weaker demand for refined products.
9-17-2014 11:40:05
According to "The National Survey and Assessment shale gas resource potential and favorable area preferred" which issued by the Ministry of Land and gas research center in 2012 China's shale
9-17-2014 11:39:23
The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sec
9-17-2014 11:37:33
According to market source, the largest tire wholesaler in Germany, Ihle Baden-Baden AG, will probably belong to Michelin in the coming future.
9-17-2014 11:36:43
As crude oil price has experienced substantial slump and newly operated unit will produce added capacity in the third quarter, LLDEP futures price will remain its downward trend.
9-16-2014 18:06:50
This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on i
9-16-2014 17:23:36
China's new propane dehydrogenation (PDH) units that are scheduled to come on line in 2014 may be forced to resell their contracted feedstock propane cargoes if start ups are delayed, indust
9-16-2014 16:48:41
Around 342,000 mt of imported LPG arrived in southern China in May and around 363,000 mt in April, data from Beijing-based energy information provider JYD Commodities Hub showed. In comparis
9-16-2014 16:24:40
New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday.
9-16-2014 15:50:01
As the Ministry of Commerce of the People's Republic of China terminated the anti-dumping measures against styrene-butadiene rubber (SBR) on September 8, nature rubber (NR) prices in Shangha
9-16-2014 10:10:40
According to the Ministry of Commerce of the People's Republic of China (MOFCOM), the anti-dumping measures against styrene-butadiene rubbers (SBR) imported from Russia, Japan and South Kore
9-15-2014 18:35:03
According to the Eurasian Economic Commission (EEC), it has conducted anti-dumping investigations on the tires for trucks, buses, trolley buses and trailers imported from China.
9-15-2014 17:57:50
On the 27th, the methanol to olefins (MTO) project with the annual output of 500,000 mt in Shenning Group got through the whole production process.
9-15-2014 11:12:47
From March, the multi-span plastic market showed a unilateral upturn, a sharp contrast with the whole depressed industrial product market.
9-15-2014 11:12:01
Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.
9-10-2014 16:05:34
In the first half of this year, China produced 9.85 million mt (product, same below) of MAP, and exported 0.425 million mt, and the apparent consumption of MAP is estimated at 9.43 million m
9-9-2014 14:16:07
China’s first industrial standard on slow-/controlled-release fertilizer, jointly drafted by the National Supervision and Test Center of Fertilizer Quality (Shanghai) and Shandong Kingenta
9-9-2014 14:15:46
The prices of melamine in domestic markets averaged about CNY5739/mt on June 30, down 29% y/y. This year’s low price is partly a result of the weak urea market.
9-9-2014 14:14:58
Their combined nitrogen fertilizer output in the same period was 12.4 million mt (N, 100%), according to the CNFA.
9-9-2014 14:14:23
The global automotive industry is embracing plastics in the trend toward weight reduction, metal replacement and energy reduction.
9-9-2014 14:11:47
Major terminal Dongguan Jovo cuts price to ease discharging pressur
9-5-2014 16:00:10
Asia may see abundant flows of LPG from Algeria, the US and West Africa in October and into November, which should help regional consumers build stocks for winter, according to projections
9-5-2014 14:28:42
According to an announcement of Yuanxing Energy, the gross revenue in the first half year was CNY2.164 billion, an increase of 44% year-on-year; the net profit belonging to the shareholder o
9-4-2014 14:47:03
At the end of July, domestic methanol market was stabilized and turned up due to jointly bullish factors including the centralized overhauling of methanol devices in the northwest, the reple
9-4-2014 14:45:54
It is reported that as the USA ease the sanctions on Iran, in the first half of 2014, the total volume of crude oil China has imported from Iran reaches a historical high.
9-3-2014 16:58:49
As was announced by China Shipping Development Co., Ltd, the joint venture signed a contract with a shipbuilding company on building three ships for transporting liquefied natural gas yester
9-3-2014 16:58:28
According to Dow Jones July 21, the developers, who planned to export natural gas of Alaska North Slope to the global market, said they had submitted the application of permission of exporti
9-3-2014 16:58:06
The carbon content of unit calorific value of natural gas is 15.3tonne/TJ, which is the lowest petrochemical fuel. Of natural gas, the carbon content coefficient is 2.1622kg-co2/m3, and the
9-3-2014 16:57:35
According to JYD Calculation Formula, CDU operation rate of Shandong teapot refineries has decreased by 5.5 percentage points week on week to 36.82%.
9-3-2014 16:57:07
This week, fuel oil sales volume in ports of South China was quite large, and few vessels of crude oil arrived, so the inventories of fuel oil and crude oil dropped again.
9-3-2014 16:56:32
According to JYD statistics, China fuel oil output during January and May was 10.51 million tons in total, basically unchanged on the annual basis.
9-3-2014 16:56:08
China bonded bunker sales in Jan-May totaled at 3.35 million mt this year, down by 26% from last year’s 4.5 million mt, JYD data shows.
9-3-2014 16:55:38
According to JYD run rate surveillance and calculation against 36 Shandong teapots, up to July 16, Shandong teapots CDU run rate stabilized at 36.32% from last period.
9-3-2014 16:55:17
Anhui Provincial Industrial and Commercial Bureau organized a sample inspection against the gasoline and gasoil quality retailed in gas stations in cities of Hefei, Haozhou, Fuyang, Huainan,
9-3-2014 16:54:53
Counting down to the end of June, when Sinopec is expected to release details about private capital infusion, days before, both Sinopec and CNPC has advanced towards mixed privatization owne
9-3-2014 16:53:13
CNOOC has signed a Retail Gas Station Cooperation contract with CNPC & TAFO Marine Fuel recently in Beijing, which labeled CNOOC’s opening to society in retail business cooperation by givi
9-3-2014 16:52:46
Sinochem’s biggest refiner, 12 million mt/y Quanzhou refinery launched into full operation at the end of June, 2014.
9-3-2014 16:51:42
China’s Harbin Electric International Company Limited, a leading power infrastructure construction firm, signed a $532 million cooperation agreement with a Mongolian company on thermal pow
9-3-2014 16:51:04
Profit of China’s coal mining and washing industry plunged 43.9% from the same period last year to CNY67.44 billion over January-July this year, showed data from the National Bureau of Sta
9-3-2014 16:50:33
China’s coke production decreased 2.1% from June to 40.24 million tonnes in July, but increased 2.8% year on year, showed data released by the National Bureau of Statistics (NBS) on August
9-3-2014 16:50:18
In this week, National Development and Reform Commission held a meeting with such large enterprises as the top five power generation groups as well as Shenhua Group in order to convey the gu
9-3-2014 16:49:11
On July 16, Bohai-Rim Steam-Coal Price Index (BSPI) closed at CNY506/t, down by CNY7/t week on week.
9-3-2014 16:44:53
Shaanxi province, the third largest coal producer in China, decided to start a three-month trial implementation of a policy on exempting and reducing fees for coal transport by highway, acco
9-3-2014 16:43:56
Fixed-asset investment China’s coal industry dropped 5% compared to the year-ago level over January-July this year, mainly due to persisting weakness of the coal market, the latest officia
9-3-2014 16:40:26
Based on the figures from Platts on July 29, China’s apparent natural gas demand in June was 13.91 billion m3 in total, with a year-on-year growth of 7.9% but a month-on-month decrease of
9-3-2014 16:35:50
China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the
9-3-2014 15:42:55
China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the
9-3-2014 15:41:42