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Unbalanced feed gas supply and demand in Northwest China

680,000 mt/yr CTO unit of Shenhua Xinjiang Coal Chemical is to operate. And its by-products, like C4, C5, and propane will be sold on Shenhua Coal Trading Network. 4 million mt/yr coal-to-oi

July 25, 2016

China oil products export will set a record high in H2

The news from Platts read that, as the new added independent refiners joined in the export troops and domestic oil giants had much unused export quotas, in the second half year of 2016 China

July 22, 2016

LPG import volume in China mounts gradually

LPG import market developed rapidly in 2013-2015. China LPG import volume totaled 4.211 million mt. And in 2015, China LPG import volume totaled above 12 million mt. Growth of LPG import vol

July 22, 2016

China oil products consumption up by 4.4% to 141 mln mt in H1

NDRC released the data on July 21st that in the first half year of 2016, China oil products consumption settled up by 4.4% to 141.41 million mt, and gasoline went up by 13.7% and diesel with

July 22, 2016

Sinochem Quanzhou oil products export up by 20.8% in July

According to JYD, in July Sinochem Quanzhou exported oil products 0.29 million mt, up by 50,000 mt or 20.8% against the previous year.

July 22, 2016

Profit of deep processing continues shrinking amid negative sentiment

July 15th-July 21st, profit of olefin deep processing slipped from last week. According to JYd, profit of alkylation averaged CNY288/mt, down 8.3% from a week ago.

July 22, 2016

Saudi Arabia regained the largest crude supplier to China in June

IJune Saudi Arabia regained the position of the largest crude supplier to China, after losing it in the previous three months competing with Russia.

July 22, 2016

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