WTI:63.29Brent:67.55Date:02/05
Market Interpretation
- · China INE crude price retreats slightly
- · China's fossil energy consumption to drop below 75% by 2030
- · Sinopec Henan to complete constr. of hydrocracker by end of 2026
- · China's gasoline prices tick higher, diesel prices retreat
- · Aramco and HAPCO sign MoU to support petrochemical project in Panjin
- · Sinopec-SK (Wuhan) starts up new jet fuel hydrogenation unit
- · State-owned refinery run rates up on more restarts in Jan 2026
- · State-owned refinery run rates hit 26-week high
- · Crude stocks at Shandong ports rise further on more unloading
- · China INE crude price extends gains after US crude stock draw
| Product name | Specification | Company name | Price type | 02-04 | 02-05 | 02-06 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 7450 | 7550 | 7550 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 6100 | 6100 | 6050 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 5750 | 5750 | 5700 | CNY/mt | |
| LPG | Guangzhou Pe | 4798 | 4798 | 4798 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 3950 | 3950 | 3950 | 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 | 4700 | 4700 | 4700 | CNY/mt |

