16.25
-8.7
WTI：67.02Brent：72.48Date：02/27
Market Interpretation
- · Initial stage of Wansheng SAF project (phase I) to be completed in March
- · China INE crude price extends losses
- · Qinglanshan terminal's crude unloading volume hits 310 mln mt
- · China's gasoline prices move higher, diesel prices stable
- · State-owned refiners' daily crude runs to hold roughly stable in March
- · Crude stocks at Shandong ports rally on more unloading
- · China INE crude price slides after US crude stocks soar
- · Sinopec withdraws over 200 mln cbm of gas from Qingxi UGS
- · Uptrend likely to extend in China's natural rubber price
- · Shandong independents' refining margins for imported crude slide
| Product name | Specification | Company name | Price type | 02-26 | 02-27 | 02-28 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 7500 | 7500 | 7500 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6100 | 6100 | 6150 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5750 | 5750 | 5750 | CNY/mt | |
| LPG | Guangzhou Pe | 4748 | 4748 | 4748 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4200 | 4200 | 4200 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 3770 | 3770 | 3770 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6570 | 6570 | 6570 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6430 | 6430 | 6430 | CNY/mt | |
| Cracked C5 | Maoming Petr | 4750 | 4750 | 4800 | CNY/mt |
