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Construction on the China section of the East Route pipeline

Construction started on the China section of the East Route pipeline is believed to bring more business to gas pipeline producers.

July 02, 2015

Crude imports in May declined

According to China Customs, crude imports in May settled at 23.24 million mt, down by 23.3% MoM, 10.9% YoY. Crude exports moved down 70.5% MoM to 130,000 mt.

June 30, 2015

Russia might be the second crude supplier for China stably

In May 2015, Russia surpassing Saudi Arabia became the top crude import source for China for the first time. In May, China imported crude 3.92 million mt from Russia, up by 32.9% YoY.

June 30, 2015

Sales margin of distillates breached CNY1,000/mt

Since mid-May, wholesale prices of distillates slipped following crude price. However, the retail price experienced stranding for two times and moderate cut for one time, which enlarged the

June 26, 2015

Loss of Guangdong teapots shrunk to CNY463/mt amid cost fall

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 aggravated slightly to CNY728/

June 26, 2015

Propane market in the first half of 2015

Propane market rebounded after a short-period of decline at the beginning of 2015, with index fluctuating around 3,902-4,898 points, reached the highest point in early March and began to go

June 25, 2015

Shandong teapots run rate sunk to 43.31%

According to JYD statistics from 36 Shandong teapots, up to Jun 24th, CDU run rate suffered 0.13% against the previous week to 43.31% due to steady crude price. In addition, Shouguang Lianme

June 25, 2015

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