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Gasoline inventory rise resulted in worries on demand weakening; oil closing price slumped

On April 19th (Wednesday), as confirmed by EIA statistics, the U.S. gasoline inventory recorded an increase but not decline, which resulted in worries on fuel oil demand weakening.

4-20-2017 13:54:14

China PP market suffocated by various restrictions

China PP market reacted against normal rule in April which was usually a boom season. After about 15 days of stalemate, China’s PP price soon tumbled in H2 April on dull demand, high inven

4-20-2017 11:49:38

Butadiene & synthetic rubber market status, April 2017

Entering into April, China’s butadiene price showed traces of tentative rebound though downstream demand from synthetic rubber products was weak.

4-20-2017 11:04:11

Intensive arrivals of LPG in the second half of April may pressure China market

China gas import market has been running well recently. The sales profits of China main wharfs have been improved significantly against that of the same period of last year. Compared with th

4-20-2017 10:55:52

Six power plants’ steam coal inventory rallies to 10.40 million mt

On April 19th, steal coal inventory of six major power plants reached 10.40 million mt, gaining 1.189 million mt or 12.9% from 9.211 million mt on April 11th. As for April 19th, daily coal c

4-20-2017 10:51:35

Steel market may keep stable or fluctuate in late April

Amid the falling steel prices, Tangshan steel billet gained CNY40/mt unexpectedly on April 19th, and traders doubted whether steel prices can stop dropping.

4-19-2017 17:57:57

Qinhuangdao Port and Huanghua Port continue expanding coal transport market share

As the first and second passages for coal transport between the south and north, Qinhuangdao Port and Huanghua Port undertake foreign-trade export tasks and meet coal demand in seven provinc

4-19-2017 17:53:58

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