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China jet fuel exports declined greatly amid the concentrated maintenance in April

China jet fuel exports slumped along with the declined output According to the data from the General Administration of Customs of the PRC, China April jet fuel exports reached 695,600 mt,

June 05, 2017

Gasoline and diesel trans-regional arbitrage increased in late May

In mid-late May, international oil price moved up affected by the news of production cut in oil producing countries, however, the achieved agreement was not as good as expected and traders t

June 05, 2017

China diesel exports slid in April to bull the exports pressure in May

China diesel exports in April settled at 1,230,000 mt, slipping by 35.72% MoM and 1.08% YoY, and the total exports in the first four months were 5,431,200 mt, rising 35.28% YY.

June 02, 2017

Shandong ports oil inventory rose to 2.01 mln mt

The data from JLC showed in Shandong the coastal ports' crude oil and fuel oil commercial inventory continued increasing, and on June 1st the total stocks in Qingdao, Longkou, Laizhou and Ri

June 02, 2017

Filling stations to continue the price war underpinned by the widen markon

Recently, most gasoline and diesel retail terminals were at wars. Filling stations of Sinopec and PetroChina were competing the market share by reducing the retail price.

June 02, 2017

LPG supply in May grew significantly

Data from JLC showed that LPG production in May totaled 2.4935 million mt, up by 6.77% MoM and up by 20.17% YoY. China LPG daily commodity supply in May averaged 80,400 mt, up by 3.33%.

June 02, 2017

Gasoline import losses shrank to CNY425/mt in South China

As for the import side, over May 1st-27th, 2017, the import profit of Singapore gasoline in South China was average at –CNY425/mt, with losses decreasing CNY81/mt against April; diesel imp

June 02, 2017

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