WTI:92.16Brent:103.08Date:09/23
Market Interpretation
- · Chinese refiners hike August kerosene output on strong demand
- · China INE crude price slides after Iran proposes reopening Hormuz
- · Independents' refining margins for imported crude rally
- · Daily output of Qijiang shale gas field exceeds 2 mln cbm
- · China PE prices retreat from highs on cost support, weak demand
- · Guangdong-Jiangsu styrene price spread widens on tight tradeable supply
- · Sep PE market underpinned by high cost, slightly high production losses
- · China’s recycled PET prices fall slightly in late Sept
- · China’s sulfuric acid exports collapse under ban, imports surge on domestic shortfall
- · China’s recycled PP prices rise before falling
| Product name | Specification | Company name | 09-20 | 09-21 | 09-22 | 09-23 | 09-24 | Unit |
|---|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | CNY/mt | |||||
| Automotive diesel | #0 | Shanghai Pet | CNY/mt | |||||
| Bunker | 180CST | CHIMBUSCO Qi | CNY/mt | |||||
| LPG | Guangzhou Pe | CNY/mt | ||||||
| Road asphalt | #70 | China Offsho | CNY/mt | |||||
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | CNY/mt | |||||
| Paraffin wax | #58 semi panel | Daqing Petro | CNY/mt | |||||
| Paraffin wax | #58 full pellet | Daqing Refin | CNY/mt | |||||
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | CNY/mt | |||||
| Cracked C5 | Maoming Petr | CNY/mt |

