WTI:76.79Brent:79.55Date:06/17
Market Interpretation
- · China INE crude price picks up after large US crude stock draw
- · China to cut fuel ceilings on June 19
- · Crude stocks at Shandong ports extend losses
- · Independents' crude refining losses narrow further
- · China’s aniline prices fall after surging in H1 2026
- · China caustic soda prices stay subdued in H1 on oversupply
- · China's naphtha imports stay low in May
- · Geopolitical boost fades, leaving recycled PE market facing fundamental pressures
- · China PP trading margins recover modestly in H1 2026 after initial volatility
- · China butadiene prices spike, then retreat amid Middle East conflict
| Product name | Specification | Company name | Price type | 06-16 | 06-17 | 06-18 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8200 | 8200 | 8200 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7200 | 7200 | 7150 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6600 | 6600 | 6600 | CNY/mt | |
| LPG | Guangzhou Pe | 6558 | 6458 | 6058 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 5130 | 5130 | 5130 | CNY/mt | |
| Middle-sulfur petroleum coke | #3A | Shengli Oilf | 4200 | 4200 | 4200 | 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 | 6870 | 6870 | 6870 | CNY/mt | |
| Cracked C5 | Maoming Petr | 5150 | 5150 | 5150 | CNY/mt |

