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LPG safety comes under the spotlight after blast kills 31

Guangzhou (JLC), June 25, 2023 – Thirty-one people died and seven others were injured after an explosion caused by the leakage of an LPG cylinder in a restaurant on Wednesday night in Yinchuan.

06-25-2023 16:20:35

Shandong independents show weakening interest in spot crude

Guangzhou (JLC), March 23, 2021--Shandong-based independent refiners’ interest in spot imported crude has dropped this month when the trading of May-delivered cargoes began, because of high crude stocks, stronger crude prices and increasing refinery maintenance.

03-23-2021 13:59:26

Futures-spot price spread for LPG narrows with futures weaker than spot

Beijing (JLC), November 27, 2020--The price spread between liquefied petroleum gas (LPG) futures and spot narrowed in November as the decline in futures prices outstripped that in spot prices.

11-27-2020 17:10:53

Futures-spot price spread for LPG narrows with spot firmer than futures

Beijing (JLC), October 26, 2020--The price spread between liquefied petroleum gas (LPG) futures and spots narrows gradually as spot prices gained more than futures.

10-26-2020 11:25:24

Oil price spike after Saudi attacks fails to boost China's spot asphalt market

Beijing (JLC), September 24, 2019--China asphalt futures prices surged while the spot market remained largely flat after the attack on Saudi oil facilities made oil prices spike.

09-24-2019 15:24:50

Dongjiakou bonded spot crude terminal becomes operational

Beijing (JLC), July 2, 2019--Qingdao Port (Group) and Brazil’s Petrobras jointly brought on stream a bonded spot crude terminal at Dongjiakou port in Qingdao, Shandong province in late June.

07-02-2019 14:37:09

Spotlights of China oil product market in 2018

02-12-2019 16:07:16

International crude spot markets turn positive

In Middle East: Market trading picked up as many tenders were released in the crude spot market in Middle East on Monday.

04-17-2018 16:07:18

China plans to import spot crudes with yuan

China plans to start paying for physical crude imports with yuan in the second half of 2018, some source with knowledge of the matter told JLC.

03-30-2018 15:43:58

Tight spot situation was eased and alkylated gasoline transaction price fell

Alkylate market trading remained flat due to domestic bearish sentiment. Some producers began to cut offers to promote sales due to sales pressure. Transaction price started to fall.

08-23-2017 17:47:07

MTBE price is expected to keep high amid tight spot and high feedstock price

Entering this week, MTBE price hike was weak, compared with the price gain of feed gas, gasoline and alkylated products. Taking Shandong as an example, MTBE prevailing price ranged CNY5,200-5,250/mt, increasing by CNY100/mt on week

08-15-2017 17:30:18

The spot steam coal prices surged amid strong demand

Ex-stock prices of steam coal continued rising in July. Coal supply in the main producing regions will keep tight in the short run and futures prices of steam coal will go up amid strong demand.

07-27-2017 14:10:45

Alkylation spots are scarce on continuous security inspection

According to the national unified deployment, the whole country would carry out security inspection from July to October. It is reported that all cities in Shandong have ushered in the comprehensive inspection since July, and some small and medium-sized enterprises stopped producing temporarily.

07-26-2017 17:44:10

Steam coal prices may not slump despite the weak spot market

Steam coal inventory kept rising in major ports and the overall transacting prices went down. Downstream power plants did not have great intentions to purchase coal from market and held wait-and-see attitudes. It is the slack season for steam coal industry in the first quarter

04-20-2017 15:36:32

Shenhua Group lifts spot coal prices by CNY18/mt for mid-August sales

Shenhua Group released waterborne steam coal spot prices for mid-August on August 22nd, with average prices rising by CNY18/mt from those in early August.

08-23-2016 14:11:35

Asian naphtha spot transaction suffered stagnation

On 8th July 2016, Asian naphtha spreads declined in four-consecutive-day to $45.28/bbl. Most transactions fell into stagnation in South Korea which the largest naphtha importing country in Asia.

07-11-2016 16:07:09

Steam coal spot prices to outshine coal majors' contract prices in July

Many industrial sources told the reporters on June 29th that waterborne steam coal prices would rise by CNY15/mt at the Chinese northern ports in July.

06-30-2016 14:33:35

The Thirteenth Five-year Plan will be spotlighted in Beidaihe meeting

According to sources, the most important work for the central government is the Thirteenth Five-year Plan spotlighting in August with Beidaihe meeting.

06-24-2015 14:45:26

Japan steelmakers expected to use the spot market over the long term

There is a tendency for met coal to be traded on a spot index basis, even on a futures basis. China plays a key role in driving the seaborne met coal market into spot pricing, and accordingly will push more Japanese steelmakers to use spot market.

06-11-2015 17:40:27

RMB spot price's 2015 biggest single-day fall dropping to 256 basis

By quotation closed, RMB/USD spot price weighed at 6.2206, decreased 256 basis. It has been the biggest single-day fall since March, 2014

04-29-2015 10:35:17

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