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Tianhong Chemical and Wonfull Petchem are qualified to use import crude

China Petroleum and Chemical Industry Association (CPCIF) claimed on October 22nd that Tianhong Chemical and Wonfull Petrochemical were qualified for using import crude 4,396,800 mt/yr and 4

10-22-2015 17:57:11

Will PX price fall further?

Early October, oil price has been boosted by geopolitical conflicts, declining drillings in U.S. as well as expected shrinkage of oil output there. However, slack reason remains and oversupp

10-22-2015 17:32:14

PTA units lockout of Hanwha General Chemical

Since its acquisition of Samsung General Chemical Co., Ltd., Hanwha Group has been puzzled by strikes. The reason was that the employees were unsatisfactory for benefits and compensations.

10-22-2015 17:31:48

PTA traders: a leading role faced with PTA pricing war

At the beginning of 2015, domestic PTA giants Yisheng Petrochemical and Hengli Petrochemical have attracted warm attention due to their pricing of cargo arrivals on self-delivery.

10-22-2015 17:29:28

LPG ceiling price driven up to CNY5,749.4/mt by an oil products price upturn

The National Development and Reform Commission announced on October 20th to raise wholesale prices for gasoline and diesel by CNY50/mt, which will translate into a CNY0.04/liter gain in aver

10-22-2015 16:23:02

PTA sees no improvement in fundamentals

Oil price rebounded in early October, propping up domestic bulk commodity market including PTA. However, such flourishing recovery failed to reverse supply and demand pattern of PTA.

10-22-2015 14:50:21

Ministry of Agriculture: moment to promote zero pesticide growth

China pesticide usage accounts for one-seventh of the total amount in the world but utilization ratio is less than one-third. Loads of wasted pesticide run off and pollute soil and water, im

10-22-2015 14:49:42

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