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RMB spot price's 2015 biggest single-day fall dropping to 256 basis

By quotation closed, RMB/USD spot price weighed at 6.2206, decreased 256 basis. It has been the biggest single-day fall since March, 2014

April 29, 2015

30 Million-ton import crude oil utilization licences will be released in 2015

Imported crude oil utilization licences will be released for around 10 enterprises with more than 30 million ton.

April 28, 2015

North America natural gas price will dip to a three-year low

On April 27th, futures price of natural gas to be delivered in May went down by $0.041/ MMBTU due to mild weather and high inventory and closed at $2.49/MMBTU, a record low in 3 years.

April 28, 2015

The reasons why Asia LPG price sharp down

Ken Koyama, the chief analyst from EEI, said in a report that Asia LPG price has reduced to USD500/mt, sharp down from USD800-1000/mt of 2014. The main reasons are more low-cost resources fr

April 28, 2015

Approval on large coal chemical projects speeds up ahead of the new policy release

The National Development and Reform Commission (NDRC) gave a green light to the preliminary work of the Qinghua Inner Mongolia Zhongke Coal Based Clean Energy Poly-generation Project the oth

April 28, 2015

Singapore gasoline import margin boomed to CNY333/mt

Import margin of Singapore gasoline for South China-based importers ended up to CNY333/mt on average in March, versus CNY171/mt in February. At the same time, gasoil import margin dropped fr

April 28, 2015

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

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