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Coking margin in Shandong teapots ended up by CNY205/mt WoW

This week the coking unit of Shandong teapots turned around with margin of CNY29/mt, up by CNY205/mt WoW amid price rally of downstream products and higher sales, JYD data showed.

April 28, 2015

Shandong teapots run rate skyrocketed to 43.91%

According to JYD statistics on 36 teapots in Shandong province, up to April 22nd, CDU run rate edged up 5.16% to 43.91% WoW along with a rally in teapots’ gains amid consecutive rise in cr

April 28, 2015

Chinese version of directional QE: Central Bank Ministry of finance injected capital to policy bank

According to media report, the State Council approved Central Bank to inject capital into China Development Bank (CDB) and China EXIM Bank on April 20th and 21st.

April 27, 2015

Cost prevailing in high level narrows bunker and blended oil feedstock margin in South China

Recently crude oil edged up with increasing positive change rate. But good information did not lift bunker market much in South China.

April 27, 2015

Guangdong, Fujian and Tianjin Free Trade Zones open business today revealing Free Trade Zone 2.0 age

Resources shows, according to central government requirement, Guangdong, Fujian and Tianjin Free Trade Zones (FTZ) open business same day on April 21st.

April 27, 2015

China Oil Product Retail Adjustment by NDRC on April 10th

According to National Development and Reform Commission, on April 10th (24:00) the gasoline and diesel prices were lifted by CNY120/mt and CNY115/mt respectively, so the average retail price

April 24, 2015

Feed gas shipment to Shandong increased in the first half of April

With continued increase of crude price since April, domestic oil products prices moved up. Downstream expects a higher price resulting in a good transaction sentiment. But local feed gas res

April 24, 2015

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