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Further Drop Inevitable for China's Oil Product Retail Prices

According to JYD, the referential crude oil change rate stood at -6.13% on October 22 (Wednesday), the third working day, with gasoline and diesel prices declining CNY290-340/mt.

10-23-2014 15:02:03

China’s Methanol Apparent Demand in October Estimates at 3.92 million mt

After a rise in September, methanol price fell recently. Market players indicated that the traditional need for methanol was as usual but there appeared an extra need for methanol to olefine

10-23-2014 10:28:01

China’s PTA Price Still Has Space to Fall

Recently, PTA price dropped sharply. PTA futures price fell to CNY1,700/mt with the spot price sliding from CNY7,580/mt to 5,900/mt. In September, PX price dropped over 7.85%.

10-23-2014 10:26:06

Zhuzhou TMT Merges BOGE Rubber & Plastics Business

The Zhuzhou Times New Material Technology Co., Ltd. (Zhuzhou TMT), the subsidiary of CSR Zhuzhou Institute Co., Ltd., has finished the merger & acquisition of ZF Friedrichshafen AG (ZF Group

10-23-2014 10:25:31

The US EIA Crude Inventory Expands

The latest study from Reuters (October 21, Tuesday) found that the US Energy Information Administration (EIA)'s crude inventory rose while oil product inventory reduced during the week from

10-23-2014 10:22:03

CTO Profits Pushed Down by Falling Oil Price

From January to September, 2014, coal price dropped all the way while crude oil price fell after rise. In the long run, coal to olefin (CTO) is more cost-effective and profitable than oil to

10-22-2014 17:48:02

A Review on China’s Recent Propylene Market

Currently, whether to produce propylene or polypropylene, coal chemical technologies have unmatchable cost advantages than other ones. That means enterprises could schedule their production

10-22-2014 17:27:48

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