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Bunker market remained in darkness

Declined crude price, slowing down China economy and environmental policies put a cap on domestic bunker market.

July 10, 2015

Loss of processing M100 fell to CNY971/mt amid sluggish distillates

This week, based on CNY4,300/mt of Russia M100 spot ex-stockpile price at Shandong market on July 8th, the loss of processing imported straight-run oil at Shandong teapots aggravated to CNY9

July 09, 2015

Shandong teapots run rate inched down to 43.28%

According to JYD statistics from 36 Shandong teapots, up to July 8th, CDU run rate inched down to 43.28% as some teapots cut the production slightly amid a thorough investigation on bus tran

July 09, 2015

BP signs agreement with KEPCO to supply LNG

BP declared that it has signed an agreement on LNG sales and business cooperation agreement with Kansai Electric Power Co (KEPCO), one of the largest energy companies in Japan.

July 09, 2015

LPG market overview & forecast

According to the above figure, the first half of 2015 witnessed ups and downs in the LPG market. LPG index at the end of June stayed at 4,049 points, higher than January’s 3,545 points.

July 09, 2015

Long-term fluctuation may lead to price dip

In East China, imported LPG depressed the civil LPG market continuously. Imported LPG is mainly priced according to CP and MB.

July 09, 2015

Operation rate of deep-processing plants grows in a slower pace

This week, operation rate of LPG processing plants stayed at 47.56%, up 0.46 percentage points.

July 09, 2015

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