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BSPI closes at CNY414/mt on May 20th

BSPI (Bohai-rim Steam Coal Price Index) for 5,500 kcal/kg steam coal ended at CNY414/mt on May 20th, down moderately by CNY2/mt from a week before and slumping by CNY111/mt year to date. The

5-20-2015 17:49:34

Shengli crude loss in Shandong teapots shrunk to CNY86/mt

This week, based on CNY4,450/mt of Russia M100 spot ex-stockpile price in Shandong market, lower downstream products’ prices and slower sales compounded the loss of processing imported str

5-20-2015 17:42:36

Margin supported the run rate in Shandong teapots to 46.81%

According to JYD statistics from 36 Shandong teapots, up to May 20th, CDU run rate slid slightly to 46.81%. a drop of 0.4% WoW amid the considerable margin of teapot within expected range de

5-20-2015 17:40:29

Sinopec and BP will set up a joint venture

Sinopec Fuel Oil Sales Co. and BP will establish a joint venture “BP & Sinopec Bunker Fuel Oil” and each owns half the shares.

5-20-2015 16:29:50

Singapore gasoline import imposed a maximum margin of CNY903/mt

According to JYD, import margin of Singapore gasoline for South China-based importers soared to CNY758/mt on average during May 4th-18th, the biggest margin to CNY903/mt. At the same time, g

5-20-2015 15:43:11

China Shenhua Energy posts a yearly 21% slump in April coal sales

China Shenhua Energy saw its coal sales volume plunge by 20.6% YoY to 31.2 million mt in April, 2015, the listed company reported lately.

5-19-2015 16:45:39

Bunker market is trapped except 4# bunker

According to JYD, due to shrinking consumption, slower sales, insipid end demand and weakened coastal bulk cargo transportation, bunker market is met with an awkward situation nowadays.

5-19-2015 16:06:14

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