WTI:59.67Brent:63.26Date:12/04
Market Interpretation
- · China INE crude price edges up on Russian supply concerns
- · Chimbusco completes Shenzhen's first green methanol bunkering
- · China's first emergency inter-refinery crude pipeline in operation
- · Crude stocks at Shandong ports retreat from record high
- · China’s urea prices rise on tight supply and strong demand
- · State-owned refinery run rates slip to 26-week low
- · Jiangsu coastal gas pipeline to come online by year-end
- · China methanol imports to down about 8.22% MoM in Nov
- · Independents' refining margins for imported crude rise in early Dec
- · China INE crude price slips after US crude stocks rise
| Product name | Specification | Company name | Price type | 12-03 | 12-04 | 12-05 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 7400 | 7400 | 7500 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6650 | 6650 | 6650 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5850 | 5850 | 5850 | CNY/mt | |
| LPG | Guangzhou Pe | 4598 | 4598 | 4498 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4050 | 4050 | 4050 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4050 | 4050 | 4050 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6920 | 6920 | 6920 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6780 | 6780 | 6780 | CNY/mt | |
| Cracked C5 | Maoming Petr | 4400 | 4400 | 4400 | CNY/mt |

