-28.63
81.2
WTI：77.16Brent：81.13Date：07/26
Market Interpretation
- · China steps up trade-in and equipment upgrade policy
- · Sinopec raises Shengli crude price for July
- · China INE crude slips on stronger yuan, despite rosy US economic data
- · China’s fuel prices slide for three consecutive weeks
- · China’s MTBE exports extend drops in June
- · China PP prices up before correcting in Jul and to remain weak in Aug
- · Natural rubber latex market strengthens on rising cost
- · China INE crude edges up on US crude & product stock draws, Alberta wildfires
- · New Chinese energy alliance founded to focus on carbon footprint
- · China cuts interest rates to boost economy
| Product name | Specification | Company name | Price type | 07-25 | 07-26 | 07-27 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8900 | 8900 | / | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7450 | 7400 | / | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5700 | 5700 | / | CNY/mt | |
| LPG | Guangzhou Pe | 5008 | 5008 | 5008 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4190 | 4190 | / | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 2320 | 2320 | / | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7470 | 7520 | / | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7380 | 7430 | / | CNY/mt | |
| Cracked C5 | Maoming Petr | 5550 | 5550 | / | CNY/mt |
