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Oil products import arbitrage shrank amid price ups-downs in South China

According to JLC data, domestic gasoline & diesel prices declined sharply during the period of January 1st-15th, 2017. Gasoline prices dropped by 7.46% and diesel prices slumped by 7.33%

1-20-2017 14:35:00

Supply-demand situation of PP powder companies recently

As to the supply, the run rate of China PP powder companies kept around 60-70%. Shandong Jianyuanchun, Shouguang New Material, Shijiazhuang Union Petrochemical, Jiangsu Pengcheng and Nanjing

1-19-2017 16:00:05

Competition in PP market became diversified, especially on supply side

Along with the capacity increase in PP market, the competition mode continued escalating. The competition between companies appeared not only between the CTO and OTO products, but also betwe

1-19-2017 10:41:52

Teapots crude import license in 2017 to be issued

The Ministry of Commerce has issued the total crude import allowances of non-stated trade since December 1st, 2016 and teapots began to apply for crude import allowances in 2017.

1-18-2017 17:39:49

China oil product market hardly ended falling in the short run

China oil product market hardly ended falling in the short run

1-18-2017 15:53:15

Insider: OPEC cannot fully comply with output-cutting deal

Several representatives of OPEC claimed though Saudi Arabia said its output-cutting range had surpassed the committed level, the overall production-reduction goal of OPEC cannot be fully rea

1-16-2017 17:19:09

PP transaction volume might increase before the Spring Festival

PP transaction became sluggish recently. The downstream companies want to restock when the price hit the bottom. PP transaction volume might reach hit a recent new high in this week, and Pet

1-13-2017 14:13:14

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