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Market players should be prudent for steel scrap market

Guidance: China steel scrap market price surged as a whole in October, though it vibrated marginally in some regions. Market players should be cautious in view of the following factors.

11-8-2017 17:51:21

Dongying Hualian was preliminarily qualified for using import crude oil 1.7 million mt

China Petroleum and Chemical Industry Federation (CPCIF) claimed on November 6th that Dongying Hualian Petrochemical was preliminarily qualified for using import crude oil 1.7 million mt/yr.

11-7-2017 18:20:19

Petroleum resin exports decline amid limited supply in Sep

According to General Administration of Customs of the PRC, in January-September 2017, China imported petroleum resin of about 44,600 mt, down 27.81% year on year

11-6-2017 17:16:08

Offshore crude refining profit increased by CNY45/mt WoW to CNY371/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY371/mt, up CNY45/mt week on week as refined products’ sales revenue continued to rise, but the i

11-6-2017 09:37:04

Run rate of state-owned refineries declined to 75.33% in October

As of the end of October, the operating rate of Sinopec's and PetroChina's refineries was 75.33%, down 3.45 percentage points month on month.

11-3-2017 19:03:27

Shandong teapots’ run rate move up slightly to 65.33%

According to JLC statistics from 40 Shandong independent refineries, up to November 1st, 2017, the CDU run rate was 65.33%, up 2.66 percentage point week on week.

11-2-2017 18:07:39

Ordinary diesel upgrade has been brought forward to November

According to JLC, State Council of the PRC has approved the Notification on Fully Supplying Ordinary Diesel that Contains less than 10 PPM Sulfur Content around the Whole Country, which mean

11-1-2017 18:00:16

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