WTI:78.14Brent:83.30Date:07/13
Market Interpretation
- · China INE crude price soars amid US naval blockade against Iran
- · Incentive policies to promote green transformation of China's bunker fuel market
- · Yuanba gas field produces over 40 bcm of natural gas
- · China’s PO prices strengthen on multiple bullish factors
- · Shaanxi Yanchang discovers large CBM field
- · China titanium dioxide prices fall after rising in Q2
- · China styrene output declines 3.23% in June
- · China’s crude imports hit nearly decade low
- · China PP output to up by 9.19% MoM in Jul
- · China INE crude price rallies following more US strikes on Iran
| Product name | Specification | Company name | Price type | 07-13 | 07-14 | 07-15 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8000 | 8350 | 8350 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6800 | 7100 | 7100 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6250 | 6300 | / | CNY/mt | |
| LPG | Guangzhou Pe | 5298 | 5448 | 5448 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4470 | 4530 | 4530 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6870 | 6870 | 6870 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 5970 | 5970 | 5970 | CNY/mt | |
| Cracked C5 | Maoming Petr | 4850 | 4850 | 4850 | CNY/mt |

