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Asphalt market overview in Q3 2017 (2)

China's asphalt apparent consumption volume was 16.486 million mt in January-July 2017, down 410,000 mt or 2% year on year. Sinopec's output increased greatly, especially for those state-own

October 09, 2017

Asphalt market overview in Q3 2017 (1)

With long standing material demand increasing, Sinopec's strategy change and other bullish new, China asphalt price climbed greatly in July-August.

October 09, 2017

Asphalt price changes in Shandong independent refineries

Asphalt independent refineries are intensive in Shandong. The main ones are Sinochem Hongrun, Chambroad Petrochemicals, Binyang Fuel Chemical and Dongming Petrochemical, etc.

October 09, 2017

Producing MTBE margin remained low due to continued feedstock price growth

In the week ended September 29th, producing MTBE margin kept low, as C4 Raffinate-2 and other feedstock prices rose, leading to growing cost, while the MTBE market price hike was small.

October 09, 2017

The apparent consumption of China fuel oil rose 13.19% MoM to 2.3469 million mt in August

The apparent consumption in August grew greatly, as China fuel oil imports increased by 429,500 mt or 46.38% on month to 1.3556 million mt.

October 09, 2017

The 4th batch of refined products export quota for processing trade has been released

In September, the 4th batch of export quota for refined products processing trade was released, with the number totaling 1.644 million mt, among which gasoline took 130,000 mt, diesel took 3

October 09, 2017

Refined product import arbitrage showed mixed changes

According to JLC import and export arbitrage data, gasoline and diesel import arbitrage from Singapore to China showed mixed changes from September 1st to 26th, as domestic gasoline and dies

October 09, 2017

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