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New-normal in Shandong LPG market

Before 27th April, as much as RMB1250 difference price showed up between residential LPG and feed gas in Shandong. Furthermore, feed gas market is much more active in transaction.

April 29, 2015

China to dominate DEM market in 2015-2019

According to the report released recently by Reserch and Markets, the Global Dimethyl Ether Market in China and across the globe was valued at USD4.46 Bn in 2013 and is likely to reach USD8.

April 29, 2015

North America natural gas price will dip to a three-year low

On April 27th, futures price of natural gas to be delivered in May went down by $0.041/ MMBTU due to mild weather and high inventory and closed at $2.49/MMBTU, a record low in 3 years.

April 28, 2015

The reasons why Asia LPG price sharp down

Ken Koyama, the chief analyst from EEI, said in a report that Asia LPG price has reduced to USD500/mt, sharp down from USD800-1000/mt of 2014. The main reasons are more low-cost resources fr

April 28, 2015

Approval on large coal chemical projects speeds up ahead of the new policy release

The National Development and Reform Commission (NDRC) gave a green light to the preliminary work of the Qinghua Inner Mongolia Zhongke Coal Based Clean Energy Poly-generation Project the oth

April 28, 2015

Feed gas shipment to Shandong increased in the first half of April

With continued increase of crude price since April, domestic oil products prices moved up. Downstream expects a higher price resulting in a good transaction sentiment. But local feed gas res

April 24, 2015

DME market in predicament

Price difference between DME and LPG narrowed from the past few years. So it is harder for DME sellers to make profit, followed by a low production rate. Still improvement of price is hard t

April 24, 2015

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