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Uptight feed gas supply leads to low run rates at deep processing units

China’s gas deep processing plants have seen profit margin narrowing down recently due to downturns in trades for oil blending feedstock, and thus are running at low rate. Operation rate a

January 15, 2015

Brent crude levels US crude amid slumping global oil prices

Traders were seeking ways to stock excessive supplies. The glut of products dragged down oil prices sharply by 60%. Up to this week, Brent crude and US crude slumped 7% and 5% consecutively.

January 15, 2015

Oil dips as high U.S. stocks underline global oversupply

Crude oil dipped in early Asian trade on Thursday after a volatile session the previous day, when prices rebounded sharply from near-six-year lows that reflected a global oversupply.

January 15, 2015

Shandong teapots run rate jumped slightly

According to JYD statistics on 36 teapots in Shandong province, up to January 14th, CDU operating rate increased to 36.42% by 0.92% from the previous week amid Shouguang Lianmeng CDU restart

January 15, 2015

Coal prices retreats as annual contract talks draws to the end

The 2015 coal supply and demand contract summary meeting was held in Hangzhou on January 13th. With their talks between power plants on the annual coal contract coming to an end, coal miners

January 14, 2015

Guanghui Energy inks 6 mln mt coal sales contract

Under the contract, the former will sell 6 million mt of steam coal and modified coal to the latter, with delivery time spanning from December 29th, 2014 to December 28th, 2015.

January 14, 2015

Fangchenggang's coal imports remains above 20 mln mt for 4th straight year

Fangchenggang port in Guangxi, one of China’s largest ports for coal importation, has seen coal import volume rising for four years in a row.

January 14, 2015

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