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Sinopec will stop selling slurry oil since July amid high tax

Recently, it was reported that Sinopec Sales Company will stop selling slurry oil overall since July.

June 02, 2016

Singapore diesel import arbitrage slid to CNY205/mt

In May 1st-31st, 2016, Singapore gasoline import profit in South China was average at –CNY435/mt, decreasing CNY246/mt against April.

June 02, 2016

Oman crude margins decreased to CNY95/mt of Shandong teapots

This week, based on settlement at CNY3,100/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 1st, the theoretical loss of processing light marine crude of Shandong tea

June 02, 2016

Shandong teapots run rate rose to 52.43%

According to JYD statistics from 41 Shandong teapots, up to June 1st, 2016, the CDU run rate ended up by 1.24 percent WoW to 52.43%

June 02, 2016

Sinopec naphtha factory prices in May raised CNY170/mt

In May 2016, Sinopec naphtha factory prices were settled at CNY2950/mt, up by CNY170/mt than in April, Tahe branch company factory prices for Eastern chemical enterprises were settled at CNY

May 31, 2016

Chinese carmakers sticks to new-energy drive

Despite the challenges posed by the limits of current battery technology, Chinese carmakers remain persistent in exploring ways to expand their businesses into the fast-growing new-energy ve

May 31, 2016

China, Russia vow to seek stronger energy, SMEs cooperation

Chinese Vice Premier Zhang Gaoli and his Russian counterpart Arkady Dvorkovich agreed on Monday to enhance cooperation on energy and between small- and medium-sized enterprises (SMEs).

May 31, 2016

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