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China Oil Product Retail Adjustment by NDRC on July 7th

According to National Development and Reform Commission (NDRC), on July 7th (24:00) the gasoline and diesel prices were cut by CNY95/mt and CNY90/mt respectively, to CNY7,140/mt and CNY6,165

July 08, 2015

Teapots' crude processing portion increase

According to JYD statistics with more than 36 teapots, total processed feedstock in June was 4.678 million mt.

July 07, 2015

PanJin North Asphalt Fuel is qualified to use import crude 7 million mt/yr

China Petroleum and Chemical Industry Association (CPCIF) claimed on June 29th that PanJin North Asphalt Fuel was qualified for using import crude.

July 07, 2015

Singapore gasoline import inched down to CNY670/mt

According to JYD, import margin of Singapore gasoline for South China-based importers declined sharply to CNY266/mt on average during June 1st-30th, down by CNY476/mt MoM, the largest margin

July 07, 2015

January to May midland export increase sharply

From January to May, export increased sharply in most midland regions

July 07, 2015

China June official manufacture PMI was 50.2

In June, 2015, China manufacture PMI was 50.2%, equal to May’s, higher than critical point for consecutive four months with small continuous increase of manufacture industry.

July 07, 2015

Shell China plot with new actions

Recently, frequent actions came out from Royal Dutch Shell Group (Shell) in China.

July 06, 2015

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