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Teapots might participate in China Crude Futures

According to an informed source, “Shanghai Crude Futures should be listed by the end of December as soon as possible.”

October 16, 2015

Coking unit gained margin with CNY174/mt

This week, based on CNY3,650/mt of Russia M100 spot ex-terminal barge price at Shandong market on October 14th, the loss of processing imported straight-run oil at Shandong teapots edged dow

October 15, 2015

Guangdong teapots run rate rallied to 22.02%

Guangdong teapots run rate rallied to 22.02%

October 15, 2015

China crude procurement: the peak for vessel freight since financial crisis

Due to low crude, China is procuring crude in a large scale. Affected by the port inventory ceiling, the supertanker transporting crude to China is berthing in Chinese ports waiting for disc

October 14, 2015

China crude demand in August rose 10%

Platts released the research on China official data and it showed that in August China crude apparent demand settled at 11.19 million barrels per day, up by 10.2% YoY.

October 13, 2015

Tong Oil Tools purchases U.S. Cutters

On October 9, Tong oil Tools hold a conference on material assets reorganization project.

October 13, 2015

High cost trims profits of deep-processing plants

This week, olefin deep processing units were reported of meager profits. According to JYD, net profits of alkylate units were averaged at CNY244/mt, up 1.7% from last week.

October 12, 2015

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