-8.12
WTI：66.95Brent：70.14Date：04/03
Market Interpretation
- · China INE crude price retreats on new US tariff policy
- · State-owned refinery run rates drop again on turnarounds
- · China’s MTBE exports slip in February
- · Crude stocks at Shandong ports surge to over seven-month high
- · Independents’ crude refining margins plunge on surging costs
- · LNG output in March rises on larger feed gas supply
- · Sinopec Hunan completes new reformer and jet fuel pipeline
- · China INE crude price growth slows down
- · Shandong independents’ run rates slip in early April
- · China to hike fuel ceilings on April 3
| Product name | Specification | Company name | Price type | 04-02 | 04-03 | 04-04 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8500 | 8500 | 8500 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7200 | 7200 | 7200 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5950 | 5950 | 5950 | CNY/mt | |
| LPG | Guangzhou Pe | 5078 | 5028 | 5028 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4630 | 4630 | 4630 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 3900 | 3900 | 3900 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7870 | 7870 | 7870 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7730 | 7730 | 7730 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5550 | 5550 | 5550 | CNY/mt |
