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China-U.S.: China establishes carbon emission trade system by 2017

U.S.-China Climate Leaders Declaration was passed on the occasion of the First Session of the U.S.-China Climate-Smart/Low-Carbon Cities Summit (hereinafter referred to as climate summit) du

September 25, 2015

Fast boom of China MTBE capacity formed fierce market competition

Since end of 2009, China MTBE capacity increased fast. It's predicted China MTBE total capacity will reach 15 million mt/yr with yield at 7.85 million mt in 2015.

September 25, 2015

Processing M100 suffered CNY340/mt loss amid a sharp drop of propylene

This week, based on CNY3,700/mt of Russia M100 spot ex-terminal barge price at Shandong market on September 23rd, the loss of processing imported straight-run oil at Shandong teapots edged u

September 24, 2015

Shandong teapots run rate skidded to 39.76% amid strict regulation

According to JYD statistics from 38 Shandong teapots, up to September 23rd, the CDU run rate ended down by 0.35 percent to 39.76%.

September 24, 2015

China September PMI Initial Value: 47.0

Released on September 23th, 2015, China Caixing September PMI initial value gained 47.0, lower than the August final value 47.3 and August initial value 47.1.

September 23, 2015

Lijin and Kenli Petchem gained crude import right

On September 21st, China Department of Commerce released Granted Crude Import Qualification to Lijin and Kenli Petchem for Non-state Trade, and Lijin and Kenli Petchem gained the crude impor

September 23, 2015

Singapore gasoline import margin increased to CNY306/mt

According to JYD, import margin of Singapore gasoline for South China-based importers soared to CNY137/mt on average during September 1st-7th, an large increase MoM. At the same time, diesel

September 23, 2015

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