Oil
On March 9th, Saudi Aramco declared that the company will pay 2.2 billion dollars, including the debt, to Royal Dutch/Shell Group of Companies in order to end their twenty-year refining coop
March 13, 2017
Cost of imported butane kept high after February CP surged. March CP for butane still kept at $600/mt. In China, PDH units still got profits while mixed alkane dehydrogenation units got poor
March 13, 2017
On March 10th, although the declined USD supported the oil price, the increasing active drillings in US weakened the bullish influence brought by OPEC’s production reduction.
March 13, 2017
According to JLC, in 2017 teapots’ newly-constructed units are still intensive mainly on CDU and CCR. Yongxin, Haihua, Hongrun and Chambroad with totaling CDU capacity of 18 million mt/yr
March 13, 2017
The positive influence of oil producing countries’ production cut is fading away, and international oil price increased for two-consecutive-day when US inventory kept increasing and USD ke
March 13, 2017
This week, based on the settlement price CNY3,900/mt of light marine crude (density: 0.88-0.90) at Shandong market on March 8th, the theoretical processing profits of teapots were CNY–183/
March 10, 2017
According to JLC statistics from 41 Shandong teapots, up to March 8th, 2017, the CDU run rate climbed 1.35 percentage points WoW to 58.6% on operation rises by some teapots.
March 10, 2017
