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New changes in methanol market against downward price movement

Recently, methanol prices in inland market and ports fell continuously with that in Jiangsu down by CNY430-440/mt and that in Shandong down by CNY230-360/mt from end February. Domestic ports

3-23-2017 11:11:33

China bunker oil kept flat development when bullish news returned to shipping industry

Recently, shipping market was full of bullish news. BDI raised to 1,200 points from the 668 points in the first half of February, up by 77% within one month. The increasing BDI boost traders

3-23-2017 10:24:55

China external dependence degree on crude oil to be 65.4%

Amid the output decline and import increase, in 2016 China external dependence degree on crude oil rose to 65.4%, up by 4.6 percentage points against 2015, which was read in the China Oil an

3-23-2017 09:40:30

Daqin line spring maintenance to start on April 6th

Datong-Qinhuangdao railway line spring maintenance would be launched for 25 days from April 6th with power outage three-four hours per day.

3-22-2017 18:01:42

Sinopec and PetroChina's policies on oil unified procurement from teapots

In March 2017, Sinopec issued the Notice on Unified Procurement of Shandong Teapots' Oil Products Resources, which said since April 1st, Sinopec would implement the unified procurement of Sh

3-22-2017 17:24:03

How will environmental protection affect acetic acid and its downstream products?

Domestic companies will be affected by the NPC and CPPCC in March, the Belt and Road Summit in May and the BRICS Summit in September.

3-22-2017 17:11:49

Surging API crude oil inventory thickened the concerns over oversupply

On Tuesday (March 21st), the market refocused on the fundamentals after digested the news that OPEC may prolong the production cut. The increasing API crude oil inventory last week thickened

3-22-2017 16:46:33

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