Oil
The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by
June 08, 2017
According to JLC statistics from 40 Shandong teapots, up to June 7th, 2017, the CDU run rate rose to 59.25%, increasing by 1.49 percentage points on week.
June 08, 2017
Downward movement of methanol prices in Shandong, Northwest China and Henan due to poor sales intensified bearish sentiment of DME end users. Furthermore, LPG price continued to fall, making
June 08, 2017
LPG price in North China in May moved downward generally. According to data from JLC, North China LPG price index averaged 4,167 points, down 133 points from April.
June 08, 2017
On May 26th, Neijiang-Jianyang oil products pipeline was successfully operated by Sinopec Sales Company South China Branch.
June 07, 2017
Upcoming slack season of LPG demand indicates downward movement of LPG price, especially LPG production of Yan’an Refinery failing to be stable.
June 07, 2017
In April, due to the cut of fuel oil output and import volume, the apparent consumption of China fuel oil was 2.7817 million mt, decreasing by 18.65% MoM. From January to April, the total ap
June 07, 2017
