WTI:83.23Brent:89.22Date:07/20
Market Interpretation
- · China INE crude price retreats moderately
- · China's daily fuel oil output drops to 66-month low in June
- · China's apparent kerosene consumption grows on month in June
- · China's June apparent diesel consumption plunges on year
- · China's apparent gasoline consumption tumbles in June
- · Sinopec Tianjin terminal receives world’s largest LNG carrier
- · China’s LNG imports increase 18.55% MoM in June
- · China MEG supply tightens sharply in July, set to ease moderately in August
- · China MAP prices hold firm on robust cost support
- · China's naphtha imports plunge in first half of 2026
| Product name | Specification | Company name | Price type | 07-20 | 07-21 | 07-22 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8850 | 8850 | 8850 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7810 | 7810 | 7810 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6550 | 6550 | / | CNY/mt | |
| LPG | Guangzhou Pe | 5848 | 6048 | 6048 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4530 | 4680 | 4680 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | CNY/mt | |
| Paraffin wax | #58 semi panel | Daqing Petro | 6870 | 6870 | 6870 | CNY/mt | |
| Paraffin wax | #58 full pellet | Daqing Refin | / | / | / | CNY/mt | |
| Paraffin wax | 54# semi-refined slab | Lanzhou Petr | 5970 | 6070 | 6070 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5250 | 5250 | 5250 | CNY/mt |

