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China crude imports from Saudi Arabia was closed to the historical peak

The news agency of Saudi Arabia read, amid the floor price of crude oil, in February China crude imports from Saudi Arabia hit the second historical record, around 1.38 million barrels per d

March 25, 2016

China MTBE downstream chain introduction

MTBE has been well known as blended gasoline feedstock to public, because it can not only lift gasoline octane, but strength vehicles’ antiknock. Actually, MTBE also can be used in chemica

March 24, 2016

Bunker oil is darkening amid slowing growth of ports cargo throughput

The data from Ministry of Transport of China showed, in February the cargo throughput of the national ports above designated size settled at 829.13 million mt, up by 23.22 million mt YoY.

March 24, 2016

Sinochem Hongrun is preparing to export oil products

According to JYD, as the first batch of independent refineries acquiring the export quotas of oil product made of materials supplied by foreign firms, Sinochem Hongrun is setting about the r

March 24, 2016

Coking refining margins rallied to CNY81/mt

This week, based on CNY2,950/mt of Russia M100 spot ex-terminal barge price at Shandong market on March 23rd, the theoretical loss of processing imported straight-run oil at Shandong teapots

March 24, 2016

Feedstock run rise propped up the run rate to 54.58%

According to JYD statistics from 41 Shandong teapots, up to March 23rd, 2016, the CDU run rate grew up by 1.11 percent WoW to 54.58% as some teapots raised the processing volume amid the dow

March 24, 2016

Asia the largest crude terminal in Ningbo handling 18 mln mt/yr

Ningbo Zhoushan Port Daxie harbor district Shihua 2nd stage crude terminal with 450,000 mt had been passed the completion and acceptance, being the largest crude terminal in Asia.

March 23, 2016

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