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Coking refining profits gently rose to CNY165/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on January 11, the theoretical processing profits of teapots went up by CNY

January 12, 2017

Teapots run rate steadied at 59.51%

According to JLC statistics from 41 Shandong teapots, up to January 11, 2017, the CDU run rate slid by 1.07 percentage points WoW to 56.35%.

January 12, 2017

Teapots refining margins continued to fall amid high cost

According to JLC data, in January 2017, the teapots CDU refining margins continued to slide, and in the first week, it even suffered great losses.

January 12, 2017

Landbridge Petrochemical is granted to use import crude oil 1.8 mln mt/yr

Rizhao Landbridge Petrochemical was qualified for using import crude oil 1.8 million mt/yr preliminarily.

January 12, 2017

China oil products prices to realize four consecutive rises

The world's largest oil exporter Saudi Arabia took the lead in carrying out the output-cutting deal at the start of 2017, which drove international oil prices to have a good start and it hit

January 11, 2017

Manufacturing industry development promotes China November oil demand

According to the National Bureau of Statistics data, China oil demand in November rose by 2.8% MoM. Manufacturing investment in November rose by 8.4% YoY, which realized the fastest growth i

January 11, 2017

Propane and butane prices grow in early 2017

Upon entering 2017, prices of many commodities move upward, especially those of propane and butane.

January 11, 2017

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