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Diesel export volume hit the record high amid superfluous refining oil capacity

According to the customs, China’s diesel export volume in September read 1,603,500 mt, rising 50.36% MoM and 44.44% YoY. The total diesel export volume from January to September was 10.792

November 03, 2016

Import volume of biodiesel slipped slightly in China for increased supply

Introduction: China refined oil market has entered the traditional boom season since September, 2016. Adding to traditional Chinese festivals, downstream demand became strong.

November 03, 2016

China main refineries’ run rate increased 1.93% to 79.45%

Main refineries’ run rate increased 1.93% to 79.45% at the end of October.

November 03, 2016

LPG import volume declines amid less purchase volume of PDH companies

China LPG import volume totaled 1.3432 million mt in September 2016, down 4.12% from August 2016. Operation of domestic LPG importers became active.

November 03, 2016

Profit of DME sector is still poor amid low run rate

Amid losses of DME units, high-priced methanol, poor DME run rate and upward movement of LPG price, DME price in China market was pushed up continuously. According to JYD, DME price was push

November 03, 2016

LPG price in November 2016 may be similar with that in 2015

Upon entering November, the market focuses on formal OPEC meeting in Vienna at the end of the month when details about cutting crude output will be discussed by oil producing countries. Whet

November 03, 2016

LPG supply in Northwest China grows

After stopping online auction half and one month, Shenhua Ordos Coal-to-liquids conducted LPG online auction again on October 28th and sold all at CNY3,100-3,110/mt.

November 03, 2016

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