WTI:83.20Brent:88.91Date:08/11
Market Interpretation
- · HAPCO completes first trial operations at its crude terminal
- · Ningbo's first methanol bunkering vessel comes into operation
- · Henan methanol prices rebound after July volatility
- · Sinopec Zhongke commissions new aromatics extraction unit
- · China’s SVR 3L inventory drops below 10,000 mt, bottom of the same period previous years
- · China's LSFO output retreats in July
- · China spot TDI prices go up amid shrinking supply
- · China POM prices fall due to sufficient supply and soft demand
- · China INE crude surges as hopes of Hormuz reopening dwindle
- · CNOOC receives another 174,000-cbm LNG carrier
| Product name | Specification | Company name | Price type | 08-10 | 08-11 | 08-12 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8900 | 8900 | 8900 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7800 | 7850 | 7900 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | For ship | 6700 | 6750 | 6750 | CNY/mt |
| LPG | Guangzhou Pe | 5748 | 5748 | 5798 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4880 | 4950 | 4950 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4300 | 4300 | 4300 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7170 | 7170 | 7170 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 6620 | 6720 | 6720 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5700 | 5750 | 5750 | CNY/mt |

