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DME market in predicament

Price difference between DME and LPG narrowed from the past few years. So it is harder for DME sellers to make profit, followed by a low production rate. Still improvement of price is hard t

April 24, 2015

Residential LPG transaction to remain at a low level

Based on the big fall of crude price, the higher temperature in south China and incoming imported coastal cargoes, domestic LPG prices seem to turn weak in a short term. Though refineries in

April 24, 2015

Divergence between residential and feed gas prices

On April 21st, WTI fell by $1.12/bbl to $55.26/bbl, leaving a sharp drop in international crude futures price.

April 24, 2015

Low-priced LPG shot down Asia LPG price

According to a recent public report from Energy Economy Institution, Asia LPG price has been shot down from $800/mt in the first half of 2014 to the current level, which is below $500/mt.

April 24, 2015

Oil Product price will be lifted amid positive sentiment

Due to the consecutive rally in crude oil, the government will lift the oil product price on April 23th again. According to JYD, the oil product price will rise around CNY250/mt, and the 90-

April 23, 2015

Wanda Tianhong will be participation from CNOOC to arrange oil product market in Northern China

Introduction: at the beginning of 2015, after investigation thoroughly, CNOOC will participate with Wanda Tianhong to arrange oil product market in Northern China, which will finalize within

April 23, 2015

Comprehensive improvement of gas station in Shandong, especially on private-owned Station

Recently, Shandong provincial government with several departments issued the action plan of comprehensive improvement on gas station. Shandong Province, the number of gas stations settled at

April 22, 2015

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