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teapots marine crude refining lost CNY155/mt

This week, based on settlement at CNY2,900/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 6th, the theoretical loss of processing light marine crude of Shandong tea

July 08, 2016

Liaoyang Petrochemical stops supplying LPG after maintenance

It is learned by JYD that Liaoyang Petrochemical conducts maintenance successively from July 5th. It is scheduled the maintenance will take one and half months. Currently, LPG inventories ar

July 08, 2016

Overhaul season of teapots further cut the run rate

According to JYD statistics from 41 Shandong teapots, up to July 6th, 2016, the CDU run rate ended down by 2.28 percent WoW to 50.88%, as more teapots joined in the overhauls forces.

July 07, 2016

The opportunity and challenge of the shipping giant and small enterprises

China’s shipping enterprises were under depressed market condition with overcapacity, unbalanced demand and supply and heavy losses. How should China’s shipping companies overcome these

July 07, 2016

Asia naphtha crack spreads rallied with adequate supply

On 1st July, Asian naphtha crack spreads rallied to $44.18/mt, but traders indicated that market supply is adequate. 800,000mt cargos would be arrived to Asia in August from Occident include

July 07, 2016

Two-thirds of leased drilling platform closed in Pemex

Two-thirds of leased drilling platform closed in Pemex

July 07, 2016

Operating rate remained low in Southern China

As JYD concerned, Zhuhai Huafeng 1million mt/yr CUDs restarted on 3rd July, output has been made on 6th July but hasn’t been priced. According to sources, the device mainly produced based

July 07, 2016

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