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Fear amid soaring LPG price

LPG price kept high around the National Day Holiday regardless of destocking. Amid soaring contract price (CP) for October, LPG price goes up further.

October 17, 2016

Propane price mounts gradually amid much bullish news

After the National Day Holiday (October 1st-October 7th), the whole gas market performs well. Although it is thought that the price will grow, the amount of increase has outpaced the expecta

October 17, 2016

Profit of bunker oil in Bohai Bay was negative owing to the rising cost

After the National Day holiday, the prices of oil products all increased as crude oil price exceeded $50/bbl. Furthermore, the prices of coal-based diesel, shale oil, residue oil and other b

October 17, 2016

Shipping industry slumped in Q3, but has a active expectation in Q4

On October 8th, Shanghai International Shipping Institute published China Shipping Prosperity Report of Q3, 2016 (Report). It showed the operation situations of China shipping companies were

October 14, 2016

Oil prices increased amid developed bullish news

On October 14th, the strong Chinese crude import data and decreasing refined oil inventory of America lifted the oil prices.

October 14, 2016

US crude production may be decreasing less than expectated

EIA Monthly Report predicted that US will not cut the oil production as more as the expectation.

October 14, 2016

Profit of alkylation units slips

October 7th-October 13th, profit of olefin deep processing was poor. Alkylation units and aromatization units were in continuous losses. According to JYD, profit of alkylation units averaged

October 14, 2016

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