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Fuel oil inventories continued to decline in South China

According to the monitoring data by JYD, as of 12th May, South China first-class commercial fuel oil inventory was 1.0902million mt, which occupied 42.75% of the statistical capacity of abil

5-19-2016 15:26:05

Analysis on China PP market competition pattern

The polyolefin capacity of China grows continuously and the total capacity ranks the forefront, which satisfies the increasingly growing demand from the downstream to some extent.

5-19-2016 15:23:33

Increasing methanol supply may reduce methanol price

In end-April, methanol futures price drops dramatically. The most traded contract 1609 declines from CNY2,100/mt to CNY1,874/mt, down by 11%. Methanol supply and demand is to be unbalanced

5-19-2016 14:23:06

Singapore diesel import arbitrage slip to CNY294/mt

In May 1st-15th, 2016, Singapore gasoline import profit in South China was average at –CNY276/mt, decreasing CNY142/mt against April

5-19-2016 14:04:16

Iran fields to be developed by Sinopec, CNPC

Chinese companies will develop the second phases of two giant Iranian oil fields, Russian news portal sputniknews.cn reported on Tuesday, citing Iranian Minister of Petroleum Bijan Zangeneh.

5-19-2016 11:24:23

China sets growth target for manufacturing

China has set a target to achieve 7 percent annual growth for its manufacturing industry during the 2016-18 period, the National Development and Reform Commission said yesterday.

5-19-2016 11:20:05

The largest biodiesel production line in Meishan has put into production.

As concerned by Meishan government, recently the Sichuan Huisheng New Energy 100,000mt biodiesel project in Jinxiang chemical industry zone has formally into the trial production.

5-19-2016 11:13:14

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