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Run rates of MTBE units continued falling on stricter security inspection

The run rates of China MTBE units fell by about 1% on week to 44.13% due to the 50% cut in PO/MTBE unit of Wanhua Chemical as and the MTBE unit’s shutdown of Chengtai Chemical etc.

July 18, 2017

Feedstock inventory in Shandong coastal ports slipped

As JLC knows from depots, Shandong coastal crude oil and fuel oil commercial inventory slipped this week. On July 13th, the total inventory of Qingdao Port, Longkou Port, Laizhou Port and Ri

July 18, 2017

Oil product market is not optimistic when periodical replenishment is ending

According to the latest two inventory reports released by EIA, U.S. crude inventory slumped, which provided support for the oil price rebound.

July 18, 2017

The run rate of main refineries climbed to 74.65% in June

As of the end of June, the operating rate of Sinopec's and PetroChina's refineries was 74.65%, up by 0.04 percentage points MoM.

July 18, 2017

Theoretical profit of blended oil in Bohai Bay increased by CNY31/mt to CNY223/mt

US drilling activities rebounded to a new record in 2017 and the US crude oil output also began to rise after tropical storm, suppressing the oil price. But the news that Russia minister cha

July 18, 2017

C5 plant run rate went up after unit maintenance in some main refineries

According to JLC's monitoring on 12 main refineries, their C5 plant run rate ascended by 3% to 24% in the week ending July 14th, 2017.

July 18, 2017

China heavy oil rebounded unexpectedly amid the weak demand

Recently, China heavy oil price embraced its rebound in Shandong, and prices were likely to be pushed up amid better transaction atmosphere.

July 18, 2017

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