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Construction peak of oil and gas long-distance pipeline in China will come

According to PetroChina sources, PetroChina Pipeline Co. LTD held the midyear working conference of 2017 in Beijing on August 9th and 10th.

August 16, 2017

China growth rate of crude imports to decrease in H2 of 2017

Thomson Reuters reported on Tuesday (August 15) that China refineries’ decreasing crude processing volume in July may indicate that China’s rapid growth of crude demand in 2017 will slow

August 16, 2017

Shandong Yongxin Chemical stops selling LPG amid maintenance

It was learned by JLC that Shandong Yongxin Chemical conducted about 20-day maintenance from August 9th to the end of August. During maintenance, the company will stop selling LPG products t

August 16, 2017

MTBE margin declined further amid higher feedstock price

Last week over August 7th to 11th, MTBE production margin declined further due to feedstock price gain, like mixed C4. According to JLC data, the weekly profit of C4-based MTBE unit averaged

August 15, 2017

MTBE price is expected to keep high amid tight spot and high feedstock price

Entering this week, MTBE price hike was weak, compared with the price gain of feed gas, gasoline and alkylated products. Taking Shandong as an example, MTBE prevailing price ranged CNY5,200-

August 15, 2017

International crude price declined over 2.5% on Aug 14th

International crude price declined on August 14th.

August 15, 2017

Imported aromatics continue to record negative margin amid lower cost

Brent price slid in August 7th-11th due to US active drilling wells decrease, crude conference in Abu Dhabi and so on. Meanwhile, imported aromatic theoretical cost declined as the discount

August 15, 2017

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