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Profitability in blended oil market was fair in Q1, expected to hit new high in Q2

In the first quarter 2016, domestic macroeconomic was in pessimism situation, the overall international oil prices showed an upward trend after fall but didn’t break $40/bbl. Domestic blen

4-19-2016 17:39:39

NEA: Social electricity consumption gains by 5.6% YoY to 476.2 bln KWH in March

According to the National Energy Administration (NEA), China’s social electricity consumption reached 476.2 billion KWH in March 2016, rising by 5.6% YoY.

4-19-2016 14:38:46

Analysis on PetroChina PE sales by region

In 2015, PetroChina PE production capacity accounted for 33% of the total in China, ranking the top in terms of enterprise type. But PetroChina has no advantages on the number of plants and

4-19-2016 14:07:20

Steel prices rebound by 50%, causing stronger-than-expected production resumption

Reportedly, square billet prices jumped by CNY90/mt last weekends. Prices for billet, iron ore and steel have risen by over 50% since the first quarter of the year.

4-19-2016 11:20:57

PE pipe material market trend has changed amid excessive speculations

In March, petrochemical plants pushed up the EXW prices of PE pipes materials successively amid active domestic speculation atmosphere. Under the policy of output control by petrochemical pl

4-19-2016 10:45:13

Development of alkane deep processing makes price of high clean LPG soar

Price of residential gas keeps stable at CNY3,000/mt. Alkane deep processing starts purchasing successively as WTI broke $40/bbl. High clean LPG gets its day in the spring of 2016.

4-19-2016 10:27:58

Accidents of deep processing in Guangxi affect prices of residential gas and feed gas

On April 4th, LPG leak of chemical unit in Guangxi Yuchai caused fire. On April 16th, Yugui Chemical got a fire accident again.

4-19-2016 09:51:31

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