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Deep processing plants get profit amid price growth both in upstream and downstream

August 12th-August 18th, despite decrease of gross profit of olefin deep processing amid growing feed gas price, olefin deep processing plants still got great profit.

August 19, 2016

Shandong ports inventory rose slightly amid delivery volume reducing

According to ports oil depots by JYD, this week, Shandong coastal crude oil and fuel oil total commercial inventory continued to rise weekly. The total inventory of Qingdao, Longkou, Laizhou

August 19, 2016

Teapots Oman crude refining saw losses of CNY87/mt

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 17th, the theoretical processing profits of Shandong teapots suffere

August 19, 2016

Sluggish profits dragged down the teapots run rate

According to JYD statistics from 41 Shandong teapots, up to August 17th, 2016, the CDU run rate ended down by 0.29 percent WoW to 47.67%.

August 18, 2016

Crude price downwards after traders taking profits

Early today, after oil price vibrating downwards, and after uptrend at the beginning of August, traders locked in profits to make today’s oil prices callback.

August 18, 2016

Tropical depression may delay imported LPG arrivals in South China

It is learned by JYD that some domestic gas tankers is scheduled to do loading and unloading in advance to avoid tropical depression. Imported LPG will arrive intensively during August 16th-

August 18, 2016

Tianhong Chemical cooperated with Sinopec Guangdong Petroleum successfully

Recently, Shandong Tianhong Chemical Co., Ltd was successfully nominated Sinopec Guangdong Petroleum direct Suppliers directory, forming a strategic partnership with Sinopec Guangdong Petrol

August 17, 2016

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