WTI:63.96Brent:68.80Date:02/10
Market Interpretation
- · Shandong independents' run rates fall further
- · China INE crude price continues rising
- · Asian ethylene prices continue downward trend in January
- · Natural latex prices rise on tight supply and higher cost
- · China’s phosphate fertilizer prices trade sideways
- · About 1.34 million mt/yr new PO capacity to come on stream in 2026
- · China soda ash market faces pressure around the Chinese New Year holiday
- · 5.95 million mt/yr new PP granule capacity to come on stream in 2026
- · China INE crude price gains on rising geopolitical risks
- · Zhoushan to launch blending of bio bunker fuel oil and export
| Product name | Specification | Company name | Price type | 02-10 | 02-11 | 02-12 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 7550 | 7500 | 7500 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6000 | 6100 | 6100 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5700 | 5700 | 5700 | CNY/mt | |
| LPG | Guangzhou Pe | 4748 | 4748 | 4748 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4120 | 4120 | 4120 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 3770 | 3770 | 3770 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6520 | 6520 | 6520 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6380 | 6380 | 6380 | CNY/mt | |
| Cracked C5 | Maoming Petr | 4600 | 4600 | 4600 | CNY/mt |

