WTI:113.23Brent:112.55Date:05/20
Market Interpretation
- · China may release additional quotas on oil product exports
- · China INE crude price edges down on stronger yuan
- · China boosts Apr crude imports from Saudi Arabia sharply
- · Shandong independents' refining margins drop further
- · State-run refineries’ run rates stabilize in mid-May
- · Shandong fuel market to stay firm on returning demand
- · Domestic alkylation market may grow in late May on virus control
- · China INE crude price slips on worries over US economy
- · PetroChina Dalian Petrochemical exports MTBE for first time
- · Shandong independents receive more crude imports from Russia
Product name | Specification | Company name | Price type | 05-18 | 05-19 | 05-20 | Unit |
---|---|---|---|---|---|---|---|
Road asphalt | #70 | China Offsho | 5560 | 5560 | 5560 | CNY/mt | |
Middle-sulfur petroleum coke | #3A | Shengli Oilf | 6590 | 6590 | 6590 | CNY/mt | |
Cracked C5 | Maoming Petr | 6200 | 6200 | 6200 | CNY/mt | ||
Grade I base oil | 60N | CNOOC Huizho | 8650 | 8650 | 8650 | CNY/mt | |
Bunker | 180CST | CHIMBUSCO Qi | Assessment | 6250 | 6250 | 6250 | CNY/mt |
Grade I base oil | 60N | CNOOC Huizho | / | / | / | CNY/mt | |
Automotive gasoline | #92 | Sinopec Shan | Wholesale price | 9000 | 9000 | 9000 | CNY/mt |
Gasoline | #92 | Beijing Petr | Wholesale price | 9400 | 9350 | 9350 | CNY/mt |