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Cracking C9 market saw bearish future amid weak downstream demand

According to JLC, as of October 24th, cracking C9 mainstream offer was CNY3,600-3,800/mt in China, almost unchanged from early October.

October 25, 2017

Bearish news weighed on refined product market

Crude oil price moved sideways recently amid mixed factors. It is not likely to rise, as EIA report showed that US crude imports and crude runs declined. Crude price closed low due to expiri

October 25, 2017

Cracking C5 supply became tight amid unit maintenance in Yanshan Petrochemical

According to JLC's monitoring on 12 major state-owned refineries, their C5 plant run rate dropped two percentage points to 25% in the week ended September 20th. Cracking feedstock C5 supply

October 24, 2017

China refined product transactions might increase after the 19th CPC National Congress

Opened on October 18th, the 19th CPC National Congress will end on October 24th (Tuesday). Before it ended, refined product trading was thin, as some refiners halted or delayed operation ami

October 24, 2017

Shandong Fuyu Chemical was granted to use imported crude oil 1.64 mln mt/yr

China Petroleum and Chemical Industry Federation (CPCIF) claimed on October 19th that Shandong Fuyu Chemical was preliminarily qualified for using import crude oil 1.64 million mt/yr.

October 24, 2017

ECA work to be fully implemented in the Yangtze River Delta waters

In November 2015, the Ministry of Transport issued the Ship Emission Control Area Implementation Plan in the Pearl River Delta, the Yangtze River Delta and the Bohai-rim (Beijing-Tianjin-Heb

October 24, 2017

PDH unit of Wanhua Chemical was conducted maintenance

According to JLC, 750,000 mt/yr PDH unit of Wanhua Chemical was stopped and conducted maintenance on October 20th, 2017. The maintenance was schedule to last 20 days.

October 24, 2017

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