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China consumer prices up 1.8% in July

China's consumer price index (CPI), a main gauge of inflation, grew 1.8 percent year on year in July, down from June's 1.9 percent, the National Bureau of Statistics announced Tuesday.

August 09, 2016

JP Morgan: Brent and WTI futures estimate in recently

JP Morgan claimed on 1st August that down adjusted the Brent and WTI futures forecast in Q3 cause by the predicted decline in demand and growth in supply.

August 09, 2016

MTBE market slipped into recession due to lack of good news

Since Q3 2016, domestic MTBE market remained weak after experienced a sharp fall. Low purchase intention was in participants and trading atmosphere weakened. According to JYD, in July, Shand

August 09, 2016

The two-consecutive-drop in retail prices further depressed blended oil market

Since the began of August, macroeconomic environment was more sluggish. The news of international crude oil oversupply caused oil prices in a continuous decline towards $40/bbl. Panic in mar

August 09, 2016

Gas deep processing plants obtain lucrative profits

July 29th-August 4th, gross profit of olefin deep processing units moved upward.

August 09, 2016

Oil product retail price will remain in downturn after two-consecutive-decline

The demand situation concerns still put pressure on oil prices recently.

August 09, 2016

Tianjin Petrochemical is in overall maintenance

Tianjin Petrochemical started 52-day unit maintenance on August 3, 2016. The last overall maintenance was in September 2012.

August 08, 2016

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