WTI:73.52Brent:78.02Date:07/08
Market Interpretation
- · China INE crude price soars as US-Iran tensions escalate
- · Crude stocks at Shandong ports slip on higher consumption
- · PX prices to drift lower in H2 2026 on weaker fundamentals
- · China DOP prices tumble on weak fundamentals, falling feedstock costs
- · China PP market: H1 supply contraction intensifies while H2 capacity surge looms
- · Independents' refining margins for imported crude retreat
- · China POM prices retreat from H1 peak on lower costs, sluggish demand
- · China's CPI rises 1.0% on year in June
- · Typhoon Maysak hits Guangxi PP, impact limited
- · Shandong independents' run rates rebound
| Product name | Specification | Company name | Price type | 07-07 | 07-08 | 07-09 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8000 | 7950 | 8000 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6650 | 6650 | 6800 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6250 | 6250 | 6250 | CNY/mt | |
| LPG | Guangzhou Pe | 5098 | 5098 | 5148 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4470 | 4470 | 4470 | 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 | 6370 | 6370 | 5970 | CNY/mt | |
| Cracked C5 | Maoming Petr | 4850 | 4850 | 4850 | CNY/mt |

