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Run rate in Shandong fell to 56.28%

According to JLC statistics from 41 Shandong teapots, up to May 3rd, 2017, the CDU run rate fell to 56.28%, decreasing by 0.28 percentage point on week.

5-4-2017 11:43:33

China diesel exports hit the historical record in March 2017

According to the data from General Administration of Customs of the PRC, China diesel exports reached 1.9135 million mt in March, up by 44.67% MoM and 53.02% YoY.

5-3-2017 16:01:25

Pipeline corridor construction in Xiong'an New Area to drive up steel demand

Given that 5,500 mt of steel products is required for per kilometer of pipe corridor construction, the sector will bring about 5.5 million mt of steel demand in the new area.

5-3-2017 11:19:32

Refining expansion intensifies the oversupply of oil products

Given the low price of crude oil, in 2016 China oil refining industry benefits increased continuously and the oil giants including Sinopec and PetroChina both gained profits.

5-2-2017 17:32:34

The strictest summer fishing-off system has little influence on the bunker oil market

On May 1st, a kick-off meeting for national special enforcement actions in summer fishing closure season launched in Zhejiang Ningbo, Liaoning Dalian and Hainan Sanya. This meeting marked th

5-2-2017 17:24:13

China SPR made significant breakthrough

By the middle of 2016, China national petroleum SPR increased 7.15 million mt from the middle of 2015, which was a significant breakthrough. Considering the low price of petroleum wouldn’t

5-2-2017 17:21:30

China NBR market forecast, May-June 2017

China’s NBR price first declined and then picked up in Q2, 2017. Domestic and international butadiene prices rebounded in April and China’s synthetic rubbers prices started to gain aroun

4-28-2017 17:43:11

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