WTI:73.21Brent:77.08Date:06/23
Market Interpretation
- · China INE crude lower on Iraqi output increases
- · Prospective US-Iran agreement weighs on China’s LPG market
- · Huizhou Port's crude imports exceed 10 mln mt this year
- · China's bonded bunker fuel imports hit 16-month low in May
- · China’s LNG imports jump in May
- · China's bonded bunker fuel exports rebound in May
- · Carbonology breaks ground on e-SAF project in Ningxia
- · Margins of propylene production techniques diverge in H1 2026
- · China PP powder prices rise in H1 on firm costs, but H2 outlook weakens
- · China PP market retreats after early June gains, July outlook remains bearish
| Product name | Specification | Company name | Price type | 06-22 | 06-23 | 06-24 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8150 | 8150 | 8100 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7100 | 7100 | 7050 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6650 | 6650 | 6550 | CNY/mt | |
| LPG | Guangzhou Pe | 5658 | 5658 | 5658 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 5130 | 4780 | 4780 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7170 | 6870 | 6870 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6870 | 6570 | 6570 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5050 | 5050 | 5050 | CNY/mt |

