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Run rate of DME units may fall further

Since H2 2014, run rate of domestic DME units continued to fall. The run rate in 2016 was less than 25%. Many DME companies are seeking for transformation, leaving the field temporarily or p

4-10-2017 17:29:32

Phase II project of CNOOC Huizhou Refining is to operate

It was learned by JLC that phase II newly-built 10 million mt/yr refining unit of CNOOC Huizhou Refining will operate in the second half of April. And 1 million mt/yr ethylene unit of CNOOC

4-10-2017 16:44:21

Oil product retail price may embrace the third raise in 2017 during April 10th and April 14th

Since March, global fundamentals data were poor and the international crude oil futures price was in downward trend suppressed by multiple bearish factors such as the increasing US crude oil

4-10-2017 15:24:12

Methanol market moved differently after holidays

After 2017 Spring Festival holiday (January 27th-February 2nd, 2017), methanol futures price fell to the level of middle-November 2016.

4-10-2017 14:56:47

Methanol price rebounds continuously against spring maintenance

Spring maintenance of methanol units was affecting the market greatly. Data from JLC showed that by April 7th run rate of methanol companies in China averaged 58%, down by 6 percentage point

4-10-2017 11:40:00

Profit of PDH units in Q1 2017

Despite down by 18.32% from the fourth quarter of 2016, profit of PDH units in the first quarter of 2017 still averaged CNY1,824/mt.

4-10-2017 10:24:03

Will operating rate reduction mitigate butadiene supply pressure?

China’s butadiene operating rate declined 2.67% to 73% in March. The 90kt/a butadiene unit at Shanghai SECCO Petrochemical took an overhual in mid-March. Sinopec Yangzi Company’s butadie

4-10-2017 09:48:26

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