WTI:90.90Brent:92.69Date:03/06
Market Interpretation
- · Domestic fuel prices surge amid soaring crude prices
- · China INE crude price dips after four straight upsurges
- · Shandong Haihua plans to upgrade its soda ash production line
- · Sinopec Hunan puts jet fuel pipeline into operation
- · New SAF project in Hebei to begin trial run in March
- · Sinopec Qilu completes first unit of upgrade project
- · Dalian Jiaqing's Phase-I hydrogen project to come on stream in April
- · China INE crude price continues soaring amid Middle East conflict
- · Crude stocks at Shandong ports rise further on more unloading
- · China sets 2026 GDP growth target at 4.5-5%
| Product name | Specification | Company name | Price type | 03-04 | 03-05 | 03-06 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8250 | 8250 | 8400 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7250 | 7300 | 7485 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6200 | 6250 | 6250 | CNY/mt | |
| LPG | Guangzhou Pe | 5148 | 5148 | 5148 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4200 | 4550 | 4550 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 3770 | 3970 | 3970 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6620 | 6620 | 6670 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6480 | 6480 | 6530 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5050 | 5250 | 5350 | CNY/mt |

