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China oil product price saw downward adjustment again

Affected by the increase of U.S. crude output and inventory, international oil price continued sliding recently. On June 9th, 24:00, the 11th price adjustment for oil products occurred in Ch

6-14-2017 16:08:00

China MMA price continuously rose rapidly

China MMA price perched at a high level currently amid tight supply and active purchasing interest. Most market insiders hold bullish expectations for the following MMA market.

6-14-2017 15:41:19

VAC market will face a turning point in June

From May 2017, VAC price in domestic market declined four times in row, down by high CNY900/mt. Against traditional slack season of consumption, downstream performed poorly, forcing VAC plan

6-14-2017 15:05:48

Shaanxi oil products’ output kept rising in May

The data issued by Shaanxi Development and Reform Commission showed that the crude oil processing volume of Shaanxi Province totaled 7.2005 million mt from January to May, down by 3.84% year

6-14-2017 15:05:48

Closer connection between PP spot and futures

After 20077, futures of LLDPE, PVC and PP launched in Dalian Commodity Exchange (DCE) one after another. From 2007 to 2016, the trading volume of plastic futures totaled 970 million lots

6-14-2017 14:02:11

Shenhua’s coal-based 2240S began to be used for producing high-end household appliances

On June 9th, the 2240S PP product from Shenhua Ningxia Coal Industry was bought by Midea Group for the first time, indicating the PP 2240S will be used for producing high-end household appli

6-14-2017 13:32:27

Feedstock price fell significantly and profits of main refineries rose

Recently, refining profits in main refineries kept high. According to JLC formula for calculating profits and loss in main refineries, taking subordinate refineries of PetroChina for example

6-14-2017 11:47:12

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