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Teapots Oman crude refining profits rose to CNY267/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 3rd, the theoretical processing loss of Shandong teapots settled at

August 04, 2016

Chengtai Chemical completes maintenance of isomerization unit

200,000 mt/yr isomerization unit of Chengtai Chemical operated on August 3. The unit was in one-week outage for maintenance, during that no LPG and MTBE products were sold.

August 04, 2016

Three teapots restart propped up the run rate in Shandong

According to JYD statistics from 41 Shandong teapots, up to August 3rd, 2016, the CDU run rate ended up by 1.04 percent WoW to 48.78%.

August 03, 2016

Inner Mongolia Shenran LNG Plant put into production

According to JYD, Urad Front Banner Shenran New Energy LNG Plant was put into gas production test on July 8th, 2016 and after 20 days of debugging,the plant came into stable production at th

August 03, 2016

Crude oil exports surged in Middle East in H1 2016

Shipping broker Robinson said that crude oil exports of Middle East Persian Gulf in H1 have reached 17.6million bbl/day, which hit a record high since 2012. Increased supply from Iraq and Ir

August 03, 2016

Asphalt is becoming more important in Shandong Teapots

From January to June 2016, China produced 11.2895million mt asphalt, in which teapots occupied 3.519million mt. Shandong teapots’ production is particularly prominent such as Jingbo Petroc

August 03, 2016

Gasoline import arbitrage in South China pegged at -CNY562/mt

In July 1st-29th, 2016, Singapore gasoline import profit in South China was average at -CNY562/mt, decreasing CNY100/mt against June; diesel import profit pegged at -CNY18/mt, CNY4/mt increa

August 03, 2016

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