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The rebound of Shandong MTBE market was suppressed

On the afternoon of June 26th, the prevailing price of Shandong MTBE rose to CNY4,600-4650/mt, and then increased to CNY4,650-4700/mt in the morning of June 27th. Some traders expressed that

June 29, 2017

Petroleum resin import volume continued declining in May

According to General Administration of Customs of the PRC, during January to May, 2017, China imported petroleum resin of about 25,800 mt, down by 25.76% against the previous year; China exp

June 29, 2017

Shengli processing profits suffered a loss of CNY151/mt

This week, based on the settlement price CNY3,100/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on June 28th, the theoretical processing losses of teapots were CNY39/m

June 29, 2017

Shandong teapots run rate may range around 60% in July

According to JLC statistics from 40 Shandong teapots, up to June 28th, 2017, the CDU run rate inched down by 0.76 percentage points WoW to 59.19%.

June 29, 2017

Biodiesel import volume fell amid poor demand in May

In May, slightly volatile international crude oil market did not enhance biodiesel market, and domestic biodiesel market maintained slack. As for fuel oil biodiesel, suppressed by successive

June 28, 2017

Butane unit of Jinling Petrochemical operated, guaranteeing feedstock supply of Huntsman

Since hot commissioning at the end of May, POMTBE unit of Huntsman now runs relatively stable.

June 28, 2017

China imported over 2 million mt LPG in May

In May, China imported 2.1096 million mt LPG, hitting new record high. On one hand, importers in South China purchased more in May as LPG purchase volumes in March and April were smaller.

June 28, 2017

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