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Processing profits of Oman crude oil of Shandong teapots rose to CNY236/mt

The transaction price of light marine crude (density: 0.88-0.90) at Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY–95/mt, increasing by CNY136/mt WoW.

04-12-2017 08:42:43

Processing light marine crude profits of teapots fell to CNY–231/mt

This week, the settlement price of light marine crude (density: 0.88-0.90) at Shandong market dropped CNY50/mt to CNY3,700/mt on March 29th, and the theoretical processing profits of teapots were CNY–231/mt, dropping CNY90/mt on week.

03-30-2017 17:06:49

Coking refining margins of Shandong teapots dropped to CNY226/mt

The settlement price of light marine crude (density: 0.88-0.90) at Shandong market was CNY3,750/mt without change compared to the price on March 22th, and the theoretical processingprofits of teapots were CNY-141/mt.

03-29-2017 17:57:03

Teapots run rate rises as Hebei Xinhai restarts

According to JYD statistics from 41 Shandong teapots, up to October 12th, 2016, the CDU run rate ended down by 3.42 percent WoW to 51.95%.

10-13-2016 09:51:13

Gasoline and diesel prices in Shandong teapots moved downward

In middle September, international crude futures decreased to $43-46/bbl. According to JYD, up to September 18th, the change rate of referential crude oil was -4.88%.

09-18-2016 17:57:51

Unsatisfied profits clamped down Shandong teapots run rate

According to JYD statistics from 41 Shandong teapots, up to August 24th, 2016, the CDU run rate ended down by 0.21 percent WoW to 47.35%.

08-24-2016 18:00:42

Shandong teapots pushed up the oil products prices amid good news

　In middle August, international crude futures were pushed up to $48-51/bbl. According to JYD, up to August 19th, the change rate of reference crude oil was 9.59%.

08-22-2016 16:32:43

Teapots Oman crude refining saw losses of CNY87/mt

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 17th, the theoretical processing profits of Shandong teapots suffered losses of CNY160/mt, and the bullish products supported the incomes.

08-19-2016 08:54:40

Frequent price change of Shandong teapots amid undulated International crude oil price

In Early August, international crude oil raised to $43-46/bbl, and according to JYD, up to August 12th, the sixth working day, the change rate of reference crude oil was 1.74%.

08-16-2016 10:44:58

Teapots feedstock remained stable due to the limited premium

On August 11th, international crude oil closing on a downtrend which impacted the market sentiment. Shandong teapots products’ prices moved in downtrend within a stable range, and the trading atmosphere weakened.

08-15-2016 11:44:49

China teapots favor crude from Middle East instead of Russia

Energy Aspects said, in July China independent refiners imported crude positively, from 0.95 million barrels per day in June to 1 million barrels per day, far less than the peak in April and May about 1.5 million barrels per day.

08-11-2016 17:15:16

Teapots Shengli crude refining saw the losses reduction

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 3rd, the theoretical processing profits of Shandong teapots turned losses into gains with CNY28/mt.

08-11-2016 15:15:48

China teapots buy 2 mln bbl crude from Iran

National Iranian Oil international division principle Mohsen Qamsari said recently, China independent refiners had bought 1 million barrels crude from Iran, and he pointed out this was the largest and surest sales contract between Iran and China independent refiners.

08-05-2016 11:16:52

Three teapots restart propped up the run rate in Shandong

According to JYD statistics from 41 Shandong teapots, up to August 3rd, 2016, the CDU run rate ended up by 1.04 percent WoW to 48.78%.

08-03-2016 18:08:15

NDRC rigidly rechecked the crude import rights of teapots

JYD once report that the approval progresses of crude import right and use right slowed down, and related national departments rigidly rechecked the elimination on outdated capacity and construction on gas storage facilities and strengthened the supervision on product quality.

08-03-2016 14:57:30

Teapots marine crude refining profits slid to -CNY117/mt

This week, based on the settlement at CNY2,700/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 27th, the theoretical processing loss of Shandong teapots settled at CNY117/mt.

07-28-2016 10:16:32

Shandong teapots run rate slipped below 50% after revelry

According to JYD statistics from 41 Shandong teapots, up to July 27th, 2016, the CDU run rate ended down by 0.85 percent WoW to 47.74%.

07-28-2016 10:13:15

Teapots overhaul dragged down the run rate sharply

According to JYD statistics from 41 Shandong teapots, up to July 20th, 2016, the CDU run rate ended down by 2.38 percent WoW to 48.59%.

07-20-2016 17:07:45

Teapots crude import slid gently to 1 mln b/d amid blocked ports and overhauls

The data from General Administration of Customs of the PRC showed, in June China import crude set at 30.62 million mt, about 7.5 million barrels per day, down by 3.82% against the previous year.

07-14-2016 11:19:39

Teapots Shengli crude refining lost CNY610/mt

This week, based on settlement at CNY2,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 13th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY117/mt, decreasing CNY38/mt WoW.

07-14-2016 08:56:40

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