50.56
WTI：90.32Brent：102.22Date：03/25
Market Interpretation
- · China INE crude price rebounds slightly
- · Crude stocks at Shandong ports slip on lower feedstock arrivals
- · State-owned refinery run rates slip for fourth consecutive week
- · PP prices to shift from supply-driven to cost-led in 2026
- · China's newly installed power capacity of renewable energy jumps 21% in 2025
- · China LLDPE futures price surge on support of macro environment
- · China’s PTA industry shifts from expansion to quality
- · BASF's Zhanjiang Verbund site becomes fully operational
- · Geopolitical tension in Middle East impact PE supply chain
- · China EVA Exports by Trade Mode, Feb 2026
| Product name | Specification | Company name | Price type | 03-25 | 03-26 | 03-27 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 10989 | 10989 | 10989 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 9270 | 9270 | 9270 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6800 | 6800 | / | CNY/mt | |
| LPG | Guangzhou Pe | 7198 | 7198 | 7198 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4980 | 4850 | 4850 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7970 | 7970 | 7970 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7830 | 7830 | 7830 | CNY/mt | |
| Cracked C5 | Maoming Petr | 7050 | 7050 | 7050 | CNY/mt |
