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M100 refining loss was deepened to CNY260/mt

This week, based on CNY2,950/mt of Russia M100 spot ex-terminal barge price at Shandong market on March 30th, the theoretical loss of processing imported straight-run oil at Shandong teapots

March 31, 2016

Shandong teapots run rate fell to 51.99% amid thin margins

According to JYD statistics from 41 Shandong teapots, up to March 30th, 2016, the CDU run rate went down by 1.82 percent WoW to 51.99%.

March 31, 2016

China other mixed aromatics imports increased largely

The customs data showed, in February the other mixed aromatics imports settled up by 56.96% MoM to 841,800 mt, up by 303.74% YoY. In January-February the other mixed aromatics imports totale

March 30, 2016

China MTBE imports fell amid weak demand in Feb

In February, the MTBE imports were slashed sharply against January, but the exports increased violently. MTBE imports settled down by 33.82% MoM to 15,700 mt, up by 127.27% YoY, and the expo

March 30, 2016

China fuel oil imports declined sharply in February

The customs data showed, in February the import fuel oil of China settled down by 24.04% MoM to 1,022,300 mt, and the fuel oil exports was down by 13.90% MoM to 613,900 mt.

March 30, 2016

Very few biodiesel imports of China in February

In February, domestic biodiesel demand shrank sharply, and the importers were wait-and-see. The customs data showed, the biodiesel imports (27102000) settled at 2.14 mt, down by 84.91% YoY.

March 29, 2016

Hebei Xinhai is awaiting approval from NDRC on using import crude 5 mln mt

According to JYD, Hebei Xinhai import crude usage quota with 5 million mt/yr has been approved by CPCIF after the onsite audit, which has been reported to NDRC for publicity.

March 29, 2016

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