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Hebei province to cut coal usage by 5 mln mt in 2015

The province’s energy mix typically focuses on coal, which is a culprit for air pollution. Coal burn contributes as high as 50% to the region’s PM2.5 concentration. The province aims to

4-10-2015 15:22:15

Coal VAT expected to fall to 13%, likely to boost coal shares

A continuously falling coal market is bringing Chinese coal makers into an industry-wide loss, which highlights the need to aid the coal sector. The Ministry of Finance is studying on cuttin

4-10-2015 15:08:33

Tenlong Aromatics PX explosion might delay LPG sales

At 18:56 am, April 6th, the MX unit of Tenglong Aromatics was on fire due to oil leakage, which triggered an explosion of three tanks in the middle tank field around the unit.

4-9-2015 11:17:56

BR Market Analysis in Northeast Asia

BR prices in Northeast Asia were influenced drastically by outer disc of BR. BR price fell $300/mt to $640/mt from $940/mt before Chinese Lunar New Year, or 32%, due to crude price decline.

4-9-2015 10:16:43

PE Spot/Current Market showed positive signs

According to data compiled by CNBS, in February CPI ended up 1.2% MoM to 101.4, and PMI gained 0.2% MoM to 49.9, PPI down to 95.2, or 0.52% MoM, due to Chinese Lunar New Year propping up the

4-9-2015 09:00:34

Expected jump of LPG supply will leave East China importance for import

After a slump of crude price in 2014, prices of energy products have not recovered into previous level.

4-8-2015 16:58:27

China's largest glycol unit launched successfully

On March 26th, the 300,000 mt/yr glycol unit of Xinhang Energy, Erdos, launched successfully and produced high-quality glycol consistently.

4-8-2015 16:57:06

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