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Five reform schemes gear up deepening reform

On May 5th, 2015, the twelfth meeting of Central Leading Group of Comprehensive Deepening Reform deliberated and approved five reform schemes.

5-8-2015 17:56:11

Value-added tax rate of natural gas may be increased from 13% to 17%

It is reported that the Ministry of Finance plans to increase the added-value tax of natural gas from 13% to 17% and the new tax policy will be implemented from October 1st, 2015.

5-8-2015 17:48:45

China manufacturing PMI hit 50.1% in April, 2015

In April, China manufacturing PMI hit 50.1% equaled to previous month’s index, consecutively higher than critical points for two months

5-7-2015 17:19:36

Lubricant output continued to drop in the first quarter amid weak demand

According to the Office for National Statistics, in March China lubricant output settled at 508,000 mt, with a sharp jump of 29.92% MoM.

5-7-2015 16:33:01

Shandong feedstock gas will continue to be upward

At the first working day of May, feedstock gas mainstream transaction prices were raised to CNY5,500-5,600/mt. It seems to be a signal of booming market in May. Feedstock gas is predicted to

5-7-2015 15:06:26

NEA unveils coal clean utilization plan

The National Energy Administration (NEA) released the Action Plan on Coal Clean High Efficiency Utilization 2015-2020 on May 5th, outlining seven key tasks.

5-7-2015 14:19:38

Coking margin in Shandong teapots rebounded sharply to CNY205/mt

This week, based on CNY4,350/mt of Russia M100 spot ex-stockpile price at Shandong market, the loss of processing imported straight-run oil at Shandong teapots was CNY326/mt, CNY194/mt drop

5-7-2015 13:58:46

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