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Despite low inventories, DME price declines

Latest data from JLC showed that run rate of DME units grew significantly to 21.85% in the week ending January 12th, 2017.

1-13-2017 11:55:18

Coking refining profits gently rose to CNY165/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on January 11, the theoretical processing profits of teapots went up by CNY

1-12-2017 11:23:13

Teapots run rate steadied at 59.51%

According to JLC statistics from 41 Shandong teapots, up to January 11, 2017, the CDU run rate slid by 1.07 percentage points WoW to 56.35%.

1-12-2017 11:21:27

Teapots refining margins continued to fall amid high cost

According to JLC data, in January 2017, the teapots CDU refining margins continued to slide, and in the first week, it even suffered great losses.

1-12-2017 10:40:07

Landbridge Petrochemical is granted to use import crude oil 1.8 mln mt/yr

Rizhao Landbridge Petrochemical was qualified for using import crude oil 1.8 million mt/yr preliminarily.

1-12-2017 09:48:21

China oil products prices to realize four consecutive rises

The world's largest oil exporter Saudi Arabia took the lead in carrying out the output-cutting deal at the start of 2017, which drove international oil prices to have a good start and it hit

1-11-2017 17:14:23

Manufacturing industry development promotes China November oil demand

According to the National Bureau of Statistics data, China oil demand in November rose by 2.8% MoM. Manufacturing investment in November rose by 8.4% YoY, which realized the fastest growth i

1-11-2017 17:10:35

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