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CNOOC Huizhou Refinery crude oil processing volume slid 1.29% in June

According to JLC, in June CNOOC Huizhou Refinery planned processing volume of crude oil decreased by 1.29% MoM, with daily processing volume of 34,000 mt rising 2.00% MoM. In June, Huizhou R

June 22, 2017

A retail price cut was forecast as CNY210-220/mt

The international crude futures price fell considering the output recovery of oil producers, the growing US drilling activities and the US dollars rebound. The expected retail price cut scop

June 22, 2017

Processing marine crude oil suffered a loss of CNY29/mt

This week, based on the settlement price CNY3,150/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on June 21st, the theoretical processing losses of teapots were CNY29/m

June 22, 2017

Deep processing units are scheduled to operate in Q3 in South China

It is learned from JLC that 300,000 mt/yr alkylation unit of Guangxi Yuchai Chemical, 200,000 mt/yr alkylation unit of Hainan Huizhi and 300,000 mt/yr isomerization unit of Huizhou Yuxin Che

June 22, 2017

Maintenance of Haike and Shenchi dragged down Shandong teapots run rate

According to JLC statistics from 40 Shandong teapots, up to June 21st, 2017, the CDU run rate inched down by 0.36 percentage points WoW to 59.95%.

June 22, 2017

Singapore gasoline and diesel import arbitrage both increased

According to JLC arbitrage data, domestic gasoline and diesel market was slack in the first half of June. In detail, gasoline price decreased by CNY365/mt and diesel price decreased by CNY26

June 21, 2017

DME price is to fall against abundant supply

According to the latest data from JLC, run rate of domestic DME units has declined to 20%. DME demand still keeps sluggish. Furthermore, LPG price declines significantly, making LPG-DME pric

June 21, 2017

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