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Shrinking profits forced bunker fuel oil industries lowered prices for shipments

Asphalt prices rose in Guangdong Petchem, blended 180CST cost rose in South China. However, low demand narrowed the quoted prices. According to JYD, theoretical profits of domestic blended 1

6-21-2016 14:59:46

Analysis on the quotations of major synthesis ammonia enterprises

This week, the quotations of domestic focal monitoring enterprises saw both rises and falls. Shandong Mingshuida Chemical suffered the largest slump down by 0.59% WoW, followed by Shangdong

6-21-2016 14:53:11

America crude export soars up by 700%

Since December 2015 America removed the 40-year crude export ban, America crude exports to the world except Canada increased by 700%.

6-21-2016 14:40:39

LPG price is sluggish against no bullish news

Against slack season of demand, refineries in China are in outage for maintenance intensively, which cuts much pressure on the sluggish market.

6-21-2016 14:25:50

Singapore Bunker Oil sales hit a record high in May

According to data released by MPA on 13th June, Singapore bunker oil sales hit a record high to 4.36million/mt in May, up 17.52% YoY and 6.08% MoM. Specifically, the sales include 3.23millio

6-21-2016 11:34:15

Comparison of China major potash fertilizer enterprises’ EXW price

This week, domestic potash fertilizer enterprises maintained stable quotations. As for muriate of potash, the arrival price of QingHai Salt Lake Group quoted at CNY2,120/mt for 60% Crystal a

6-21-2016 11:26:36

Wudi Xinyue was granted to use import crude 2.4 mln mt

China Petroleum and Chemical Industry Federation (CPCIF) claimed that Wudi Xinyue Chemistry was qualified for using import crude 2.4 million mt/yr after the publicity.

6-21-2016 11:15:46

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