WTI:88.13Brent:99.94Date:03/23
Market Interpretation
- · China's bonded bunker fuel imports surge in Jan-Feb
- · China INE crude slumps amid potential easing of Middle East conflict
- · China’s LNG imports in Jan-Feb inch up
- · China’s iron ore prices fluctuate at elevated levels amid both support and resistance
- · Geopolitical tensions, inventory drawdowns drive PX market upswing
- · Sinopec posts 36.8% net profit drop in 2025
- · China PP prices surge in Q1 with mixed signals for Q2
- · China coal-to-ethanol capacity continues to expand
- · China Dry SBS Export Stat. by Destination, Feb 2026
- · China Dry SBS Export Stat. by Destination, Jan 2026
| Product name | Specification | Company name | Price type | 03-23 | 03-24 | 03-25 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 9759 | 10989 | 10989 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 8155 | 9270 | 9270 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6800 | 6800 | / | CNY/mt | |
| LPG | Guangzhou Pe | 7098 | 7098 | 7098 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4980 | 4980 | 4980 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7770 | 7970 | 7970 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7630 | 7830 | 7830 | CNY/mt | |
| Cracked C5 | Maoming Petr | 7050 | 7050 | 7050 | CNY/mt |

