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Profit of PDH units may continue mounting amid growing propylene-propane spread

There is a positive correlation between crude price and propylene-propane spread. Since 2016, propylene-propane price spread grows gradually with that in the third quarter averaging $343/mt.

October 24, 2016

China’s crude production slumped 9.8% YoY in September

According to the data published by National Bureau of Statistics, in September, China crude production declined consecutively and the decreasing range was the same as the previous month.

October 24, 2016

The first batch of crude oil of Jinzhou Port arrived

On October 16th, Jinzhou Port Company’s 96,000mt crude oil was allowed by Jinzhou Customs to check in. This was the first business of bounded crude oil storage in Shenyang Customs.

October 24, 2016

China 5th batch of enterprises with the petroleum operation qualifications

China 5th batch of enterprises with the petroleum operation qualifications

October 24, 2016

International petroleum companies are considering reinvest

Some participants showed that the oil prices’ rising were not enough to restart the investment of long-term project

October 24, 2016

National VI Standard oil products upgrade to open the fuel clean process-2016

The annual meeting of the national motor vehicle pollution prevention and the seminar of clean oil product was held in Beijing On October 20th-21st, 2016, which was hosted by Professional Co

October 24, 2016

LPG price moves downward continuously

After the National Day Holiday (October 1st-October 7th), LPG price has undergone great ups and downs. LPG price drops greatly after many users buy high-priced products. Price moves up and d

October 24, 2016

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