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Dynamic balance between downstream and upstream of deep processing

Profits of main olefin deep processing units drop in February 19th-February 25th, 2016. However, profits of alkylation units are good.

2-26-2016 16:09:57

NDRC: Notice on further acceleration of oil product quality upgrade

NDRC and Ministry of Environmental Protection of China and other commissions jointly released the notice on Acceleration of Oil Product Quality Upgrade and Strengthen the Market Management.

2-26-2016 15:45:43

Steam coal prices predicted to seesaw in 2016

Steam coal prices are likely to bottom out in 2016 after over four years’ decline. The supply and demand is predicted to come back to balance after a moderate shrinkage in both.

2-26-2016 14:49:24

China crude demand fixes on these 23 teapots in 2016

On February 24th, NDRC upgraded the improvement on teapots’ usage right of import crude.

2-26-2016 11:24:03

Steel prices might retreat, as similar price rally proved to be a blip 7 times in 6 years

The most traded iron ore and rebar contract have risen by 30% and 20% from three months ago respectively. A similar rebound tendency has shown up seven times in six years, but all proved to

2-26-2016 10:35:26

Haiyou Petchem had finished the demolition on CDUs

This week, SDDRC and commission jointly reported to NDRC on Shandong Haiyou Petchem elimination and demolition of out-dated CDUs.

2-26-2016 09:41:58

CISA releases major steelmakers' sales in January 2016

According to the China Iron and Steel Association (CISA), its member steelmakers sold 2.4853 million mt of billet in January 2016, down by 635,300 mt or 20.36% on the year.

2-26-2016 09:17:03

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