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The retail price rise of domestic oil products would come on May 25th

According to the survey of "ECONOMIC INFORMATION DAILY", spurred by big possibility of oil-producing countries to extend the output cut agreement to another nine months and the huge slump of

5-23-2017 14:17:00

Bullish factors in methanol market

Methanol price didn’t move downward gradually in recent days. And methanol price even rebounded in several regions, like Shanxi and East China, driven by bullish factors.

5-23-2017 14:04:21

Volatile butadiene price & downstream industries' profit analysis

China butadiene price was extremely volatile in 2017. The price kept surging before mid-February and then declined after that. Butadiene producers were still profitable despite price fall.

5-23-2017 11:44:51

Private refineries are expediting refining & chemical integration projects construction

In recent years, the growth of demand for oil product slowed down as China economy has turned from high speed growth to medium-high speed growth, but the overall oil product consumption stil

5-23-2017 11:30:17

Central Asia-China Natural Gas Pipeline benefits from the "B&R" Initiative

Central Asia-China Natural Gas Pipeline, the longest pipeline in the world, has encountered new great opportunities in construction of the Silk Road Economic Belt.

5-23-2017 11:05:23

Profits of DME units are turning negative

Seen from the above graph, DME price in domestic market in May continued to move downward. Against ongoing decline of methanol price, most end users purchased on rigid demand. And most DME u

5-23-2017 10:31:19

The international crude futures price continued rising

On May 22nd (Monday), the international crude futures market continued rising. Saudi Arabia Energy Minister said that all OPEC oil-producing countries he had contacted agreed to extend the o

5-23-2017 10:17:38

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