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Teapots Oman crude refining gained an increase to CNY187/mt

This week, based on the settlement price CNY2,750/mt of light marine crude (density: 0.88-0.90) increasing CNY50/mt WoW at Shandong market on August 31st, the theoretical processing profits

9-2-2016 17:50:48

The teapots run rate kept steady at 55.3%

According to JYD statistics from 41 Shandong teapots, up to August 31st, 2016, the CDU run rate ended up by 0.18 percent WoW to 47.53%.

9-2-2016 17:49:09

Problems stem from the New capacity additions in the PP industry

China domestic PP capacity increased to 18.31 million mt/yr in 2016 from the volume 16.26 million mt/yr in 2014, up by 2.05 million mt/yr. The new capacities mainly concentrated in Northwest

9-1-2016 09:50:50

Injection products will keep sluggish

In recent years, China plastic manufacturing industry grew slowly, reading negative growth amid global financial crisis in 2008 and European debt crisis as well as China’s tight monetary p

8-31-2016 17:39:50

Bullish news will keep LDPE price high in the short term

China LDPE market was in tepid sentiment since 2016. LDPE price fell slightly after rose to CNY10,100/mt after January 1st.

8-31-2016 17:26:47

China gasoline export closed to 1 mln mt amid oversupply

In July China gasoline export settled down by 12.24% MoM and up by 145.03% YoY to 966,500 mt, and the gasoline exports in January-July totaled 5,417,400 mt, up by 84.17% YoY

8-31-2016 15:18:48

PE import-export and later demand in South China

According to domestic PE consumption data in 2015 and production in 2016, PE apparent consumption in South China was about 4,950,000 mt, among which the output of LDPE was about 840,000 mt,

8-31-2016 14:28:44

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