WTI:94.81Brent:100.06Date:05/07
Market Interpretation
- · China to raise fuel ceilings on May 9
- · China's fuel prices continue to fall, fifth week in a row
- · State-owned refinery run rates slump to six-year low in Apr
- · China INE crude price plunges amid hopes of US-Iran peace deal
- · State-owned refinery run rates fall to over six-year low
- · Crude stocks at Shandong ports fall slightly in early May
- · Jilin kicks off 300,000 mt/yr SAF project
- · Independents find more losses in imported crude refining margins
- · PipeChina lifts dome of No. 3 tank at Yangpu LNG terminal
- · China benzene output slumps by 9.09% MoM in Apr
| Product name | Specification | Company name | Price type | 05-06 | 05-07 | 05-08 | Unit |
|---|---|---|---|---|---|---|---|
| Automotive gasoline | #92 | Shanghai Pet | Wholesale price | 8400 | 8400 | 8400 | CNY/mt |
| Automotive diesel | #0 | Shanghai Pet | Wholesale price | 7550 | 7500 | 7500 | CNY/mt |
| Bunker | 180CST | CHIMBUSCO Qi | 6500 | 6450 | 6450 | CNY/mt | |
| LPG | Guangzhou Pe | 7108 | 7108 | 7208 | CNY/mt | ||
| Road asphalt | #70 | China Offsho | 4700 | 4770 | 4770 | 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 | 5800 | 5800 | 5800 | CNY/mt |

