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Indonesia sets July HBA thermal coal price 2% higher than June at $53/mt

Indonesia’s Ministry of Energy and Mineral Resources set its July thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $53/mt FOB, up 2.3% from June. July’s HBA pr

7-5-2016 17:54:14

Imported methanol will be regular in Bohai Rim

Recently, fewer volumes of methanol in Inner Mongolia and north Shaanxi were sold to other areas as the number of newly-built MTO unit in Northwest China grew, which also brought new problem

7-5-2016 17:21:47

Three more LNG terminals to be built at Mirs Bay, foreboding overcapacity

According to JYD, Shenzhen Dapeng LNG Receiving Terminal, China’s first imported LNG terminal, has reported no accident in the ten years since it started operation.

7-5-2016 17:19:47

China crude inventory growth slows down

As the storage capacity is closing to full load, China crude inventory growth is slowing down. China crude inventory increase was the main impetus for global petroleum demand growth.

7-5-2016 16:40:01

General description on methanol supply and demand in June

In June, China methanol supply totals 4.991 million mt and total demand reads 4.577 million mt with 414,000 mt being oversupplied.

7-5-2016 15:51:21

Russia crude export to hit new high in 2016

Russia crude export is expected to hit a new high record. After Iran return to the crude market, Russia and Iran is competing in crude market both in Europe and Asia.

7-5-2016 15:40:48

Another alkylation unit operates in Shandong

After long-time preparation for feedstock, alkylation unit of Shandong Xingze Chemical has operated successfully in recent days.

7-5-2016 15:13:11

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