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China April mixed aromatics imports hit a record high amid the rumors of consumption tax

According to the data from the General Administration of Customs, China other mixed aromatics imports were 1.6451 million mt in April, up by 53.19% MoM and up by 4.6% YoY. The exports was 30

June 02, 2017

Processing light marine crude profit decreased by CNY65/mt WoW to CNY-34/mt

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 01, 2017

The run rate in Shandong rose by 1.48% WoW to 57.76%

According to JLC statistics from 41 Shandong teapots, up to May 31st, 2017, the CDU run rate rose to 57.76%, increasing by 1.48 percentage points on week.

June 01, 2017

Oil product retail price adjustment may be shelved in the first pricing cycle in June

Recently, China oil product market was in a strange development. According to the chart above, international crude oil kept increasing since mid-May, so all traders were waiting for the upwa

June 01, 2017

China April MTBE imports decreased MoM while exports kept increasing

MTBE price moved down after rising in April as mid-downstream buyers just made purchase on rigid demand while consuming the inventory amid the weak demand in terminal market, therefore manuf

June 01, 2017

Re-start time of Changling Refinery and Yuyang Petrochemical was delayed

Changling Refinery will re-operate in early June. It is predicted that LPG will be sold in the first half of the week ending June 8th. Baling Petrochemical is scheduled to re-operate on June

May 31, 2017

Which teapots would get on the last bus for the imported crude oil quotas?

According to JLC, the teapots that submitted the applications before May 4th also include Fuhai Group's subsidiary Hualian Petrochemical, Dongying Lianhe Petrochemical just controlled by Qil

May 27, 2017

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