WTI:87.25Brent:91.98Date:03/11
Market Interpretation
- · China INE crude price surges as supply concerns persist
- · Crude stocks at Shandong ports extend gains on lower consumption
- · China PVC prices surge on oil spike, policy support and improving fundamentals
- · Shandong independents' crude refining margins rally sharply
- · China’s MEG price volatile amid geopolitical conflicts
- · China MAP prices surge on sulfur shortage
- · Polyether product prices surge on geopolitical tension
- · China’s aniline market on rollercoaster following crude movements
- · China methanol market swings with Middle East tensions
- · Shandong independents' run rates retreat
| Product name | Specification | Company name | Price type | 03-11 | 03-12 | 03-13 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 9759 | 9759 | 9759 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 8155 | 8155 | 8155 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6750 | 6950 | / | CNY/mt | |
| LPG | Guangzhou Pe | 6098 | 6098 | 6098 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4550 | 4890 | 4890 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4070 | 4070 | 4070 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6870 | 7120 | 7120 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6730 | 6980 | 6980 | CNY/mt | |
| Cracked C5 | Maoming Petr | 6150 | 6150 | 6150 | CNY/mt |

