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Sinopec Jinling successfully exports hard-grade asphalt to AU

Guangzhou (JLC), June 27, 2023--Sinopec Jinling Petrochemical successfully exported 3,000 mt of hard-grade asphalt to Australia on June 22, Sinopec reported on its official website on June 27.

06-27-2023 17:40:57

Unit shutdowns at Sinopec Shanghai hardly disturb supply

Sinopec Shanghai Petrochemical shut down its crude distillation units (CDUs) #1 and #2 after a glycol unit fire occurred at 4:28 a.m. on June 18 while the region’s oil product supply is unaffected.

06-23-2022 18:44:44

Dimethyl ether prices hard to rise on oversupply

Dimethyl ether prices will be hard to rise in the forthcoming market due to a supply glut, and some producers have shut down under cost pressure, JLC data shows.

07-12-2018 14:32:07

Alkylated gasoline prices hard to rise

Alkylated gasoline prices were hard to pick up as international crude prices were ranged-bound at low levels.

06-20-2018 10:59:17

Retail profits hard to rise amid buoyant wholesale market

In this pricing cycle, domestic refined oil market is expected to rise in line with rising international crude prices.

05-23-2018 15:40:26

Cracking C5 price hard to rise despite high cost

Crude oil price picked up and China oil product market boomed since October. Following this, the cracking C5-relevant products gained big changes in prices. Cracking C5 prices are not likely to fall in the short run as gasoline prices stayed high and naphtha prices rose.

01-11-2018 18:09:01

Diesel price hard to rise even after slumps

Diesel price declined sharply at the end of November, after the continuous rising in the third and fourth quarter.

12-21-2017 11:42:27

Refined product market is hard to remain strong

Crude price mainly declined from high levels recently. Before, crude price slumped as US fuel oil inventory increased greatly unexpectedly. Later, the price gained upward momentum as Nigerian strike affected the crude supply.

12-15-2017 18:04:52

Gasoline & diesel prices are hard to rise further

Crude oil price fell recently, as OPEC monthly report statistics showed that OPEC crude output recorded a new high of 2017 and output cut implementing rate continued to decline.

08-22-2017 11:16:35

IEA: Crude inventory could hardly rebalance at the end of 2018

When OPEC and Russia began to tackle global crude oversupply problem, they thought they would succeed in six months. But now it seems that this battle may last for years.

08-16-2017 18:04:51

Gasoline & diesel market is hardly to move up

Worry about oversupply is eased as US crude inventory continued declining due to strong demand, although US crude output kept rising.

08-15-2017 14:39:20

Heat wave comes！Bearish blended oil market can hardly reverse

In recent days, "hot" has become a hot topic on streets, and the hottest weather has come since July 12th and will continue.

07-14-2017 09:14:01

China DME market hard to brighten in the short term

The DME market is likely to track fluctuations in the methanol market, but its trend is also subject to the LPG market considering that the LPG-DME price spread is only CNY200-300/mt. Overall, China DME market is hard to pick up in the short run.

04-19-2017 17:49:18

Oil product market hard to improve under the pressure brought by the downward retail price

No good news appeared in the crude oil market in this round of pricing cycle, and it is believed that FED will increase the interest rate within this week.

03-15-2017 10:26:07

Price movements in MTBE market are hard to predict amid the game of multiple factors

In February, China MTBE market was in volatile development on the whole, while the market became stable since March, with the transaction price in narrow vibration,

03-09-2017 11:38:26

China oil product market hardly ended falling in the short run

01-18-2017 15:53:15

International oil market is hard to balance the demand and supply

Recently, the Analysis showed that they will turn down the expectation on international crude oil prices since the multiple uncertainties caused by the failed deal upon production restriction among oil producers.

09-18-2016 15:18:37

NDRC five hard-hitting regulations on teapots for using import crude

NDRC released the notice on further standardize the crude processing enterprises’ application for using import crude.

08-24-2016 11:22:04

Hard days of deep processing plants come again

In June 10th-June 16th, profit of olefin deep processing generally was low. According to JYD, profit of alkylation unit averaged CNY139.7/mt.

06-17-2016 11:36:40

Oil product retail price adjustment shelved anew; wholesale market hard to rebound

By February 14th, 2016, the average price of international crude oil, based on which domestic refined oil products prices were adjusted, was below 40 $/bbl during the previous 10 working days, and this round of price adjustment would be suspended.

02-17-2016 10:35:35

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