WTI:88.9Brent:93.71Date:05/28
Market Interpretation
- · China INE crude price extends losses
- · CNOOC's Kenli 10-2 oilfield Phase-1 development project starts running
- · China's PSF market downturn continues in May
- · China INE crude crude slips on stronger yuan
- · Jiangsu's second 300,000 DWT crude oil terminal comes online
- · Crude stocks at Shandong ports retreat on lower feedstock arrivals
- · Sinopec launches first LNG cold energy cascade utilization project
- · China’s PP price index stays in high range on tight supply
- · China’s MTBE exports fall from high in Apr
- · China’s palm oil imports plunge in Apr
| Product name | Specification | Company name | Price type | 05-27 | 05-28 | 05-29 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8300 | 8300 | 8200 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7350 | 7300 | 7250 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6750 | 6750 | 6750 | CNY/mt | |
| LPG | Guangzhou Pe | 6908 | 6908 | 6908 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4750 | 4750 | 4750 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7570 | 7570 | 7570 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7270 | 7270 | 7270 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5600 | 5600 | 5600 | CNY/mt |

