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BDI fall hurts China bunker market

By October 14th, BDI declined to 787 points from 978 points in late September, down by 20%,the lowest level for any October since 1986.

October 20, 2015

China LPG importers eye a good chance as overseas suppliers scramble for market shares

Though China’s LPG import volume from Iran has not yet seen a notable increase since the lift of sanctions, market participants believe that Iran’s supply of LPG will rise largely and ta

October 19, 2015

The State Council: oil product and LNG prices tends to marketization

On October 15th, the State Council of China released State Council’s Advices on the Reformation on Price Mechanism, and it pointed to speed up the marketization of energy price and select

October 16, 2015

Teapots might participate in China Crude Futures

According to an informed source, “Shanghai Crude Futures should be listed by the end of December as soon as possible.”

October 16, 2015

Coking unit gained margin with CNY174/mt

This week, based on CNY3,650/mt of Russia M100 spot ex-terminal barge price at Shandong market on October 14th, the loss of processing imported straight-run oil at Shandong teapots edged dow

October 15, 2015

Guangdong teapots run rate rallied to 22.02%

Guangdong teapots run rate rallied to 22.02%

October 15, 2015

China crude procurement: the peak for vessel freight since financial crisis

Due to low crude, China is procuring crude in a large scale. Affected by the port inventory ceiling, the supertanker transporting crude to China is berthing in Chinese ports waiting for disc

October 14, 2015

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