-7.2
19.55
WTI：93.89Brent：99.58Date：05/26
Market Interpretation
- · China INE crude price roughly stable
- · Shandong independents' run rates slip to nine-month low
- · Zhoushan approves EIA report for ZPC's Mamu oil storage expansion
- · Independents' refining margins for imported crude soar
- · Gas injection into two UGS facilities exceeds 100 mln cbm
- · High inventories force China’s ABS producers to cut output
- · China's bonded bunker fuel exports retreat in April, but sales increase
- · China PO price range to narrow in June on regional supply shifts, weak demand
- · China PP exports surge in April
- · Short-term caustic soda market to be bullish on high cost, lower output
| Product name | Specification | Company name | Price type | 05-25 | 05-26 | 05-27 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8400 | 8400 | 8300 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7400 | 7400 | 7350 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6650 | 6650 | 6750 | CNY/mt | |
| LPG | Guangzhou Pe | 6908 | 6908 | 6908 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4850 | 4750 | 4750 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7570 | 7570 | 7570 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7270 | 7270 | 7270 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5600 | 5600 | 5600 | CNY/mt |
