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Oil product market saw no optimistic news from fundamentals

Oil price climbed on the warmer crude futures market, as USD index kept declining recently and the inventory of US crude and oil products continued falling. However, international crude over

7-25-2017 15:10:49

Shandong Dongfang Hualong Group is granted to use 3 million mt imported crude oil per year

National Development and Reform Commission (NDRC) claimed on June 28th that Shandong Dongfang Hualong Group was qualified for using import crude oil 3 million mt/yr.

7-25-2017 13:49:16

Solvent oil market overview of H1 2017 and outlook of Q3 2017

In the first half of 2017, China solvent oil market rose with fluctuations. The prices of 6# and 120# solvent oil averaged at CNY4,739/mt, climbing by 3.72% against the CNY4,569/mt in the sa

7-24-2017 17:40:26

LPG Price in North China rose in off-peak season

LPG prices in North China in whole June declined. Despite rebound in middle June, residential LPG price in North China fell generally in June because the downstream kept wait-and-see attitud

7-21-2017 18:03:02

Crude steel output went down in early July

According to China Iron and Steel Association statistics, in July, 2017, steel enterprise members’ crude steel output averaged 1.8497 million mt/d, dipping 17,000 mt or 0.91% MoM; the nati

7-21-2017 16:39:58

NDRC: Four factors triggered coal tight supply and price fluctuation

Yan Pengcheng, the National Development and Reform Commission (NDRC) news spokesman, disclosed on the press conference on July 18th that the following factors led to the periodical tight sup

7-21-2017 16:29:44

PP market vibrated amid the bullish and bearish influences

Recently, China PP market inched up. The price increase was limited by the low run rates of downstream companies owing to the strict environmental protection supervision in North China.

7-21-2017 13:53:02

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