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LPG demand weakens gradually

Although domestic LPG demand continued to fall against concentrated spring maintenance, LPG price still moved downward affected by falling April CP and sluggish demand.

April 06, 2017

Run rate of DME units may decline further

Latest data from JLC showed that run rate of DME units in China rose to 21.41% because DME unis of HandanYutai, Yuhuang Jinyu and Junma Chemical restarted operation for the week ending March

April 06, 2017

Some units of Yan’an Refinery recover operation, increasing LPG supply

Units of Yan’an Refinery conducted overall maintenance in middle March and completed the maintenance earlier. Its residential gas was auctioned online on April 3rd formally. There was stil

April 06, 2017

Two more teapots were granted to use imported crude oil 4.08 mln mt

On March 31st, the NDRC released the notice on Zhonghai Fine Chemical and Henan Fengli Petrochemical acquiring the usage quotas of imported crude oil 1.86 million mt/yr and 2.22 million mt/y

April 06, 2017

The total imported fuel oil kept high due to the existing rigid demand

According to the data of General Administration of Customs of PRC, the total volume of imported fuel oil was 1.1274 million mt in February, down by 41,600 mt or 3.55% on-month; while the tot

April 05, 2017

Gasoline and diesel import arbitrages were mixed amid Singarpore’s down-then-up market

According to the oil product import and export arbitrage data, the gasoline and diesel market declined greatly during March 1st and March 29th. The gasoline and diesel markets in Singapore m

April 05, 2017

China February imported mixed aromatics declined amid the bearish factors

According to the data of General Administration of Customs of PRC, China imported 915,000 mt other mixed aromatics in February 2017, down by 2.69% on-month and up by 8.79% on-year. As for th

April 05, 2017

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