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LNG spot prices in Northeast Asia reached a new high

LNG spot prices in Northeast Asia have skyrocketed for the first time, breaking through $3/MMBtu for the first time

08-13-2020 17:51:52

Natural rubber production countries reached an export limitation agreement

On November 30th, members of the International Rubber Council, including Thailand, Indonesia and Malaysia, attended a meeting in Chiang Mai, Thailand, in response to the declining natural rubber price.

12-06-2017 16:57:53

Output value of crude and chemical industries in Shaanxi reached CNY300 billion in H1 2017

It is known from the Industry and Information Technology Department of Shaanxi Province that the output value of crude and chemical industries in Shaanxi increases by more than 20% to CNY292.68 billion and economic efficiency also rebounds greatly.

07-26-2017 17:31:41

Maoming Petrochemical's pipeline throughout of naphtha reached 580,000 mt

In the first quarter of 2017, Maoming Petrochemical’s chemical department totally transported naphtha 0.58 million mt by pipeline, up by 60,000 mt YoY.

04-18-2017 17:07:39

China raw coal production reached 3.36399 billion mt in 2016

On January 20th, the National Bureau of Statistics issued the primary data of above-scaled industrial production in the period of January-December, 2016 and China raw coal production stood at 310.98 million mt in December, down by 3% YoY.

01-22-2017 17:45:50

Bunker oil price soared and 180CST reached CNY3,000-3,200/mt

In 2016, China supply-side structural reform became the critical factor for coastal bulk transportation market. Bunker oil turned to see a upturn in the second half of 2016(H2, 2016).

12-19-2016 17:17:42

OPEC has not reached the production limit agreement with non-OPEC members

OPEC and other main oil producers ended the two-day’s meeting at Vienna on October 29th with failure amid serious divergence among OPEC members.

10-31-2016 16:47:12

US CO2 emissions reached record low in the first half of 2016

10-14-2016 13:48:12

DOP price reached new highest in Silver October

In 2016, DOP increased robustly with fluctuations with a low starting price, exceeding the year-ago level in late September.The difference was caused by various factors.

10-13-2016 17:52:37

China H1 plastics exports reached CNY114.6 billion, up 4.5% YoY

In the first half of 2016, China exported 4.97 mlt mt plastics products, up 5.7% YoY; the export value was CNY114.63 billion, up 4.5% YoY. In June, the exports reached 900,000mt, up 5.9% YoY and the export value was CNY20.59 billion, up 3.1% YoY.

07-19-2016 15:21:29

OPEC oil output reached the peak in H1

The latest data showed, in June the daily crude oil output of OPEC was close to 32.9 million barrels, reaching the peak in the first half of this year.

07-14-2016 16:08:26

Iran’s oil output has reached the level before sanction

According to International Energy Agency (IEA), Iran’s oil production has reached the level before the sanctions, which pushed the OPEC oil production to reach a high level in the previous 8 years.

05-23-2016 16:13:39

Coking unit profits reached CNY405/mt

01-14-2016 14:01:07

Loss of Shandong teapots reached to CNY779/mt

This week, based on CNY3,900/mt of Russia M100 spot ex-terminal barge price at Shandong market on August 12th, the loss of processing imported straight-run oil at Shandong teapots went down to CNY779/mt, CNY15/mt decline WoW, as M100 price steadied at CNY3,900/mt WoW.

08-14-2015 17:57:28

West-East gas transmission has reached 260 billion cubic meters

As of now, West-East natural gas transmission of three pipelines undertaken by PetroChina West Region Pipeline Co., Ltd. has delivered 260 billion cubic meters to 15 provinces and municipalities.

07-31-2015 15:44:26

High margin of main refinery reached CNY1,041/mt

The main refineries’ margins following declined oil product price shrunk, but it was higher than the previous year’s.

07-30-2015 10:46:22

LLDPE price breached CNY9,000/mt

The crude price falling pushed down the ethylene monomer price. In addition, amid off season and downturn economy, the traders were all wait-and-see, and the LLDPE price in Tianjin market breached CNY9,000/mt.

07-29-2015 10:16:55

Sales margin of distillates breached CNY1,000/mt

Since mid-May, wholesale prices of distillates slipped following crude price. However, the retail price experienced stranding for two times and moderate cut for one time, which enlarged the spread between wholesale and retail prices to CNY1,000/mt for petrol stations.

06-26-2015 15:59:47

Crude imports reached May the lowest level since 2012

The import volume of crude in China in May shrunk rapidly after the biggest monthly imports in April since records began in China. Data from China Customs showed that the imports of crude in May was 23.24 million mt, down by 26% MoM, a drop of 10.89% YoY, making May the lowest level since 2012.

06-10-2015 14:47:46

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