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Theory margin of South China blended bunker gained by CNY40/mt

South China mix blended 180cst margin increased by CNY40/mt to CNY245/mt, compared to the last trading day before Chinese Lunar New Year Holiday. But it means little in actual operation due

February 23, 2016

China COSCO Shipping Corporation Limited officially established on Feb 18th,2016

China COSCO Shipping Corporation Limited, merged by two big central enterprises COSCO and China Shipping, was officially established on February 18th, 2016.

February 22, 2016

Ethanol gasoline market coverage shrank due to weak competitiveness

In recent years, China air pollution kept worsening along with increasing vehicle population. Highlighted vehicle exhaust pollution pushes new-energy vehicle and other substitute energy indu

February 19, 2016

Loss of processing M100 rose to CNY524/mt

On February 17th, 2016, the loss of processing imported straight-run oil at Shandong teapots aggravated by CNY60/mt to CNY524/mt.

February 19, 2016

Some units shutdown of Jincheng dragged down Shandong teapots to 53.43%

Some units shutdown of Jincheng dragged down Shandong teapots to 53.43%

February 19, 2016

Blended oil market fluctuated at low base after holiday

Blended oil market will continue to fluctuate at low base amid insufficient support from news and demand aspects after Chinese Lunar New Year. It was impossible for crude prices to surpass t

February 19, 2016

Oil product retail price adjustment shelved anew; wholesale market hard to rebound

By February 14th, 2016, the average price of international crude oil, based on which domestic refined oil products prices were adjusted, was below 40 $/bbl during the previous 10 working day

February 17, 2016

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