WTI:93.04Brent:95.03Date:06/04
Market Interpretation
- · China's fuel prices continue to slip in early June
- · PetroChina's LPG receiving station comes under construction
- · Baikun pipeline sends 46 mln mt of oil products to Yunnan
- · China INE crude price slips on easing geopolitical tensions
- · State-owned refinery run rates rally in early June
- · LNG imports rise over 30% MoM in May
- · China INE crude price rallies amid renewed tensions in the Middle East
- · Crude stocks at Shandong ports fall further in early June
- · Sinopec Shijiazhuang sees progress on green transition project
- · State-owned refinery run rate declines further in May
| Product name | Specification | Company name | Price type | 06-03 | 06-04 | 06-05 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8300 | 8300 | 8300 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7250 | 7250 | 7250 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6600 | 6600 | 6600 | CNY/mt | |
| LPG | Guangzhou Pe | 6708 | 6708 | 6708 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4850 | 4850 | 4850 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7170 | 7170 | 7170 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6870 | 6870 | 6870 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5400 | 5400 | 5400 | CNY/mt |

