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VLCC orders in Jan-Mar had exceeded the total in 2016

In the first three months, the global deliveries of VLCC, Suezmax, and Aframac vessels had reached the two-year high level, and meanwhile the total VLCC orders in January-March had surpassed

4-18-2017 17:01:33

China crude oil output slipped 6.8% YoY in Q1 with expenditure cut

Despite China oil giants increasing the expenditures to stop output falling, in the first quarter of 2017 China crude oil output didn’t see improvement.

4-18-2017 16:56:27

NDRC takes actions to promote cutting coal prices

In March, the National Development and Reform Commission (NDRC) took measures to promote coal prices to return a rational range. Coal prices were not cut sharply, but the actions of the NDRC

4-18-2017 16:43:48

OPEC: Too much oil in the world

According to the latest monthly report released by IEA, although it believed that the market was very close to balance, the "re-leveling" between magnificent supply and demand has not yet oc

4-18-2017 16:00:56

Steam coal price edges down and coking coal market is worse than expected

With the upcoming slack season of coal consumption, coal prices went down despite the intensive safety check in partial coal producing areas, and steam coal prices began to nudge down.

4-18-2017 15:28:05

China SBR import volume surged in February 2017

China imported 45,300 mt SBR in February 2017, up by 14.39% MoM and up by 79.05% YoY. Though China’s SBR price plunged in February 2017, the import volume surged due to centralized arrival

4-18-2017 15:06:35

LLDPE production declines gradually and high inventory will depress HDPE market

Along with the ending of the mulch film’s busy season in the North, some domestic FDPE units stopped producing LLDPE.

4-18-2017 14:41:04

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