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LPG price movement after the holiday

After the Chinese New Year holiday (February 15th-February 21st, 2018), users in northern China replenished LPG in advance while users in southern China acted slowly.

February 26, 2018

Alkylation unit of Liaoning Hualu comes online

According to JLC, 160,000 mt/yr alkylation unit of Liaoning Hualu Special Asphalt Co., Ltd (short as “Liaoning Hualu”) came online on February 23rd, 2018. The company released 400 mt alk

February 26, 2018

INE chooses six companies for bonded delivery of crude futures

The Shanghai International Energy Exchange (INE) had designated six companies’ storage facilities as tank farms for the bonded delivery of crude futures, the INE announced in the middle of

February 24, 2018

INE designates four agencies as crude futures inspectors

The Shanghai International Energy Exchange (INE) designated four agencies as inspectors of crude futures in the middle of February, according to the exchange.

February 24, 2018

Oil blending feedstock prices fall during holidays

Downstream demand was flat amid the Chinese Lunar New Year holidays. Blending feedstock saw bearish sentiments in the market due to weak fundamentals and lower cost.

February 24, 2018

China crude imports set new high in January 2018

China imported 40.64 million mt (9.57 million bbl/day) of crude in January 2018, which set a new high, according to data from the General Administration of Customs (GAC).

February 23, 2018

Behind China’s crude futures

China plans to launch the long-awaited trading of yuan-based crude futures on March 26, 2018, which will enhance the country’s clout in the international crude market and speed up the inte

February 13, 2018

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