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Shengli crude settlement suffers slumps, keeping refining at a loss

This week, Shandong teapots’ processing Shengli crude oil remained at a loss.

1-8-2015 18:27:11

Inner Mongolia unveils conversion rate of washed coal for resource tax levy's sake

On January 4th, 2014, the financial and taxation authorities in Inner Mongolia Autonomous Region issued a table of conversion rates for washed coal, which will be used to calculate the amoun

1-8-2015 16:49:07

Roundup: Ordos coal industry performance in 2014

In 2014, Ordos, Inner Mongolia sold 560.67 million mt of coal in total, with a yearly drop of 15.49 million mt or 2.7%. Coal prices averaged at CNY226/mt in Ordos in 2014, falling CNY40/mt o

1-8-2015 14:35:16

Shandong's Raw coal output down 1.9% YoY to 148 mln mt in 2014

Shandong province produced 10.883 million mt raw coal in December 2014, down 2.56 million mt or 19% month-on-month and sliding 2.234 million mt or 17.03% year-on-year.

1-8-2015 14:00:59

Shenhua Group keeps steam coal prices flat for January 2015

On January 4th, 2015, Shenhua Group announced to maintain all steam coal prices unchanged for January sales, the first time that the miner had not made an increase since August 2014.

1-8-2015 11:45:06

PTA will suffer intensified loss or production reduction

​On the first trading day of 2015, China witnessed a good start in the stock market. However, PTA price fell by over 4%. International crude oil price fell below $50/bbl, which was the mai

1-8-2015 10:12:23

Oil nosedived amid concerns on oversupply

On January 5th, crude oil futures touched a post-2009 low, as glut fears deepened.

1-6-2015 14:01:11

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