WTI:101.02Brent:105.63Date:05/13
Market Interpretation
- · Shandong independents' run rates fall further
- · China’s PP prices hold firm on tight supply and elevated costs
- · China’s SVR 3L prices high on tight supply and bleak demand
- · China sulfur prices to edge up in short term but fall from end-May
- · PO-propylene price inversion squeezes margins
- · Independents' crude refining margins recoup some losses
- · China PSF output cuts intensify, operating rate below 80%
- · Polybutadiene prices to inch down in May
- · Sinopec Beihai's 50,000-dwt terminal passes completion acceptance
- · Hudong Zhonghua builds another LNG carrier for ENN
| Product name | Specification | Company name | Price type | 05-12 | 05-13 | 05-14 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8400 | 8400 | 8400 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7400 | 7500 | 7500 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6550 | 6550 | 6600 | CNY/mt | |
| LPG | Guangzhou Pe | 7258 | 7258 | 7258 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4800 | 4800 | 4800 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 7870 | 7870 | 7870 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 7680 | 7680 | 7680 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5600 | 5600 | 5600 | CNY/mt |

