WTI:99.08Brent:99.36Date:04/13
Market Interpretation
- · China INE crude price extends gains after US blocks Strait of Hormuz
- · PetroChina Fushun ethylene upgrade project to see mechanical completion by June
- · China's foreign trade exceeds 11 trillion yuan for first time in Q1
- · China’s EVA market sees supply constraints in Apr-May
- · PET bottle chip market swings sharply in March on geopolitical risks
- · China's daily crude oil imports drop in March, but still high
- · CIMC SOE launches 12,500 cbm LNG bunkering vessel
- · China's synthetic ammonia prices stay weak in early Q1, then surge in Mar
- · China PG market to remain strong on dual boost from cost and supply
- · Chinese PO market firm in early Apr
| Product name | Specification | Company name | Price type | 04-13 | 04-14 | 04-15 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 9500 | 9500 | 9500 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 8350 | 8350 | 8350 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6900 | 6750 | / | CNY/mt | |
| LPG | Guangzhou Pe | 7308 | 7308 | 7308 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 5220 | 5220 | 5220 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 8370 | 8370 | 8370 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 8230 | 8230 | 8230 | CNY/mt | |
| Cracked C5 | Maoming Petr | 7700 | 7700 | 7700 | CNY/mt |

