WTI:82.72Brent:86.89Date:03/18
Market Interpretation
- · Two major state-run refineries set for overhaul in late March
- · China INE crude price rallies after Iraq pledges to cut supply
- · China polyolefin capacity sees booming growth
- · China PP prices to rise on more maintenance
- · CPP market prices move sideways due to a lack of bullish sentiment
- · China PVC prices go range-bound in Mar and to inch up in Apr
- · China VAC market sees price disorder
- · China textile and clothing exports extend gains in Jan-Feb
- · CNOOC discovers another large oilfield in Bohai Sea
- · Chinese refiners cut LSFO output modestly in February
Product name | Specification | Company name | Price type | 03-17 | 03-18 | 03-19 | Unit |
---|---|---|---|---|---|---|---|
Automotive gasoline | #92 | Sinopec Shan | Wholesale price | / | 8900 | 8950 | CNY/mt |
Automotive diesel | #0 | Sinopec Shan | Wholesale price | / | 7600 | 7650 | CNY/mt |
Bunker | 180CST | CHIMBUSCO Qi | / | 5600 | 5600 | CNY/mt | |
LPG | Guangzhou Pe | 4978 | 4978 | 4978 | CNY/mt | ||
Road asphalt | #70 | China Offsho | / | 4660 | 4660 | CNY/mt | |
Middle-sulfur petroleum coke | #3A | Shengli Oilf | / | 2350 | 2350 | CNY/mt | |
Paraffin wax | #58 semi panel | Daqing Petro | / | 8050 | 8150 | CNY/mt | |
Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
Paraffin wax | 54# semi-refined slab | Lanzhou Petr | / | 8010 | 8060 | CNY/mt | |
Cracked C5 | Maoming Petr | / | 6100 | 6100 | CNY/mt |