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Weihai Port imports the first cargo of commercial coal in 2015

A Cambodian vessel carrying coal anchored successfully at the wharf of Weihai Port the other day, marking the first cargo of commercial coal imported by the port since the new import rule to

January 22, 2015

Shenhua Group witnesses a drop in both coal and power businesses in 2014

In 2014, the coal miner yielded 306.6 million mt of commercial coal, a yearly decline of 3.6%. Its coal sales in the past year arrived at 451.1 million mt, registering a yearly dip of 12.4%.

January 22, 2015

Qinzhou Port posts an almost 20% YoY drop in imported coal value

In 2014, China’s Qinzhou Port imported 153 lots of coal, a yearly slump of 48.83%. It included 4.7686 million mt in volume with a yearly drop of 6.63%, and was valued at $297 million, slid

January 22, 2015

Propane, butane markets still at downside risk despite a prompt rally

China propane and butane markets have maintained weakness since the start of 2015, owing to concerns about flagging international crude oil prices.

January 22, 2015

Feed gas deep processing rate drops amid slow demand for oil blending feedstock

Since the start of 2015, operation rate for alkylation and aromatization deep processing units, which use MTBE as feedstock, has dropped sharply.

January 22, 2015

Shandong teapots run rate fell to 30%, even filing for bankruptcy

Shandong teapots suffered great loss with run rate falling to 30%, and some teapots in Rizhao and Kenli filed for bankruptcy. This week crude oil price fell to $46/bbl, causing oil product a

January 22, 2015

China first overseas refining project into commercial operation

Sinopec announced on January 20th that its joint venture with Saudi Aramco, Yanbu Aramco Sinopec Refining Co (YASREF), initiated the loading of diesel at the volume of 300,000 mt.

January 21, 2015

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