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Run rate of domestic olefin deep processing moves up again

In May 27th-June 2nd, blending oil market was sluggish and profit of deep processing was average against fluctuating crude oil price.

June 03, 2016

Review on LPG market in June

Two events should be attached to great importance in June in crude oil market. One is Ministerial Meeting of OPEC in early June, which will assess market situation of current crude oil marke

June 03, 2016

China government encourages private enterprises to store crude

On May 31st, China National Energy Administration released the exposure draft of national petroleum reserves rules, and it pointed that as the national petroleum reserves construction is pro

June 03, 2016

China jet fuel import increased 74% in April

In April, the jet fuel imports settled up by 74.39% MoM and 84.71% YoY to 412,700 mt, and the exports settled down by 13.57% MoM and up by 10.63% YoY to 886,900 mt.

June 03, 2016

Run rate of DME companies keeps stable at 30%

Latest data from JYD show that run rate of DME in China is around 30.35%, up 1.13 percentage points from previous period.

June 03, 2016

Shandong ports inventory rose slightly amid VLCC arrivals

The data from JYD showed that the coastal crude and commercial fuel oil inventory grew up slightly in Shandong, and on June 2nd the total stocks in Qingdao, Longkou, Laizhou and Rizhao ports

June 03, 2016

Anqing Petrochemical is to conduct overall maintenance in early July

Anqing Petrochemical is scheduled to conduct 2-month overhaul from early July, coordinating quality upgrade of diesel oil. During the time, no LPG is sold.

June 03, 2016

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