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Processing M100 suffered CNY340/mt loss amid a sharp drop of propylene

This week, based on CNY3,700/mt of Russia M100 spot ex-terminal barge price at Shandong market on September 23rd, the loss of processing imported straight-run oil at Shandong teapots edged u

September 24, 2015

Shandong teapots run rate skidded to 39.76% amid strict regulation

According to JYD statistics from 38 Shandong teapots, up to September 23rd, the CDU run rate ended down by 0.35 percent to 39.76%.

September 24, 2015

China September PMI Initial Value: 47.0

Released on September 23th, 2015, China Caixing September PMI initial value gained 47.0, lower than the August final value 47.3 and August initial value 47.1.

September 23, 2015

Lijin and Kenli Petchem gained crude import right

On September 21st, China Department of Commerce released Granted Crude Import Qualification to Lijin and Kenli Petchem for Non-state Trade, and Lijin and Kenli Petchem gained the crude impor

September 23, 2015

Singapore gasoline import margin increased to CNY306/mt

According to JYD, import margin of Singapore gasoline for South China-based importers soared to CNY137/mt on average during September 1st-7th, an large increase MoM. At the same time, diesel

September 23, 2015

A green challenge for bunker is coming

On August 31st, Ministry of Transportation released Implementation Plan on Special Operation of Ship and Port Pollution Prevention (2015-2020).

September 23, 2015

A sharp cut of crude supports good margins of China main refiners

Crude fluctuated recently, mixing with bearish and bullish sentiment, such as the end of gasoline consumption peak in US, fears about China economic downturn and no reduction plan of OPEC.

September 22, 2015

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