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Closure of BASF U.S. BA Plant refuels bullish sentiment in China BA market

Growth in the BA market seemed fragile as transaction stagnated after an earlier price gain. It is the accident overseas that revives China stagnant butyl acrylate (BA) market.

5-22-2017 15:08:14

China-Myanmar crude oil pipeline formally entered into China

On May 19th 2017 (16:00), the crude oil from Maday Island in west coast of Myanmar reached China-Myanmar border after 18 days flow.

5-22-2017 14:36:42

Blended oil profit shank in Bohai Bay as blended feedstock picked up slightly

Libya crude oil output declined due to the power failure in Libya oil field and the expanding oil workers’ strike in Nigeria also thickened the concerns on oil supply.

5-22-2017 14:28:11

China energy production status in April

In April, industrial enterprises above designated scale raw coal production growth accelerated, and crude oil production decline narrowed and crude oil processing volume growth rate went dow

5-22-2017 10:45:53

AA price remains high amid tight supply, pushing up HEA & HPA price

The uptrend in AA prices drive up prices for downstream products like hydroxyethyl acrylate (HEA) and hydroxypropyl acrylate (HPA)

5-22-2017 10:34:58

Imported iron ore prices edged up with domestic steel price booming

Domestic spot steel prices surged, boosting market confidence; the imported iron ore prices edged up consecutively, but port inventory suffered great pressure.

5-22-2017 10:26:24

China-Russia crude pipeline has transported oil 100 million mt

According to Harbin Customs, China has imported crude oil of 100 million mt from Russia via pipeline as of May 19th, the 2,331st day since the China-Russia crude pipeline opened officially.

5-22-2017 10:23:14

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