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Beijing to wipe out 300 high energy consuming plants in 2016

Beijing will phase out 300 heavily polluting and high energy consuming plants.

4-21-2016 16:26:02

Six major focuses of PP market this week

Except weakened rigid demands, the market declines day by day and plants slack purchase with a wait-and-see attitude, and price inversion remains in spot market amid low run rate.

4-21-2016 15:58:27

Nine provinces set targets for coal production capacity cuts

Multiple provinces have successively released their coal production capacity cut goals, in response to the Opinions on Addressing Overcapacity in Coal Sector released by the State Council on

4-21-2016 15:53:07

Russian Energy Minister expected the crude market would be in equilibrium in mid 2017

According to Xinhua News Agency, Russian Energy Minister Novak said recently, in accordance with the laws of the market operation international crude oil market would be in equilibrium in mi

4-21-2016 15:52:23

Wudi Xinyue was granted to use import crude 2.4 Mt

China Petroleum and Chemical Industry Federation (CPCIF) claimed on April 18th that Xinyue Chemistry was qualified for using import crude 2.4 million mt/yr preliminarily.

4-21-2016 15:36:30

Coal prices at southern ports likely to drop amid weak demand

Reportedly, some slack coal was tight in the Yangtze River region, but power plants were inactive in procuring as plentiful rainfalls and rising temperature in South China capped their appet

4-21-2016 15:13:22

Coking unit margins increased to CNY325/mt

This week, based on CNY3,000/mt of Russia M100 spot ex-terminal barge price at Shandong market on April 20th, the theoretical loss of processing imported straight-run oil at Shandong teapots

4-21-2016 14:39:39

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