Shanghai SCRWF:14800Qingdao SCRWF:14650Date:07/18
Market Interpretation
- · China INE crude price rallies on less supply from Iraq
- · Dalong oil depot renovation project comes online in Guizhou
- · China's naphtha imports set record high in June
- · China PVC market events in H1 2025
- · Less maintenance spurs supply-side pressure on PP market
- · Baimiao Shallow UGS facility comes online
- · China's fuel prices fall again as crude slips
- · State-owned refinery run rates drop modestly in mid-July
- · China INE crude price slips further on large US product stock builds
- · Crude stocks at Shandong ports drop, still high
Product name | Region | Market/Sales enterprise | Manufacturing enterprise/Origin | Grade | 07-16 | 07-17 | 07-18 | Unit |
---|---|---|---|---|---|---|---|---|
Natural Rubber | Qingdao | Thailand | STR20 | 1760 | 1770 | 1790 | USD/mt | |
Carbon black | East China | Jinneng Technology | N220 | / | / | / | CNY/mt |