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Naphtha demand shrank in blended oil but developed in other applications

As one of blending feedstock, naphtha has brought sharp focus. But as oil product standard upgrades and the other emerging blending feedstock rose, naphtha influence on blended oil market was weaker and weaker.

03-28-2016 14:57:48

Alkylated gasoline market reverted to bleak since late March

Domestic alkylated gasoline market showed downward trend and recorded thin trades since late March. According to JYD data, up to March 23, domestic alkylated gasoline averaged CNY4,835/mt, down by 3% against that in mid-March.

03-25-2016 17:58:31

China MTBE downstream chain introduction

MTBE has been well known as blended gasoline feedstock to public, because it can not only lift gasoline octane, but strength vehicles’ antiknock. Actually, MTBE also can be used in chemical and medicine industries in China.

03-24-2016 15:10:55

China biodiesel flowed into plasticizer market since this March

As late March approach, domestic biodiesel unit run rate increased slowly amid warming weather, but domestic market still reported negative sales. Most biodiesel producers had no choice but reversed to plasticizer market, as domestic diesel had not reached ideal level.

03-23-2016 16:54:25

A certain sense of calm needs to be maintained for bitumen rebounding

Downstream replenishment and speculative demand were boosted and domestic bitumen prices rallied somehow amid the consensus expectation of crude rebounding recently. JYD analyzed a certain sense of calm still needs to be maintained for such a rebounding.

03-23-2016 14:10:53

Crude and product freight saw mixed

In the week ending March 17, crude spot transport demand and Singapore fuel oil market led to Asian lines freight upward. Asian line, West Africa and European lines fluctuated upward, while American line dropped. Majority of china port freight were lifted.

03-22-2016 16:10:34

MTBE was dragged down by a series of unfavorable factors

MTBE market recorded a rise of CNY800/mt within two weeks since March. But MTBE changed upward trend and started to slump since this week ending March 16th,2016.

03-17-2016 14:54:57

Blended oil margin narrowed again due to feedstock rise

Domestic blended oil market underwent a slight drop after sharp rise since March. But blending traders’ producing margin narrowed again, as feedstock rise was larger than oil products.

03-15-2016 17:41:39

Bohai Bay bunker margin turned negative due to blending feedstock rally

Recently, international crude rally and growing downstream replenishment drove blending feedstock such as residue and shale oil to soar. As blending cost surged constantly, blended bunker margin in North China narrowed and turned negative finally.

03-15-2016 16:40:11

Domestic biodiesel remained bleak amid bullish crude

In March, domestic biodiesel market remained bleak amid bullish crude. Blending traders preferred to low-cost catalyzed or nonstandard diesel, which weighed on weak biodiesel market.

03-10-2016 15:56:17

Shipping e-commerce platforms constantly emerging

“Internet Plus” has drawn wide attention throughout the country after it was mentioned for the first time. “Internet plus Shipping” started to snatch market share under this background, and many shipping B2B e-commerce platforms are constantly emerging and totaled nearly 50 at present.

03-10-2016 10:41:34

BDI rose to 354 points in consecutive 17 days

On February 10th, 2016, BDI dropped below 300 and set a low record since 1991 when BDI was founded. Then, BDI remained the upward trend to 354 points on March 7th, 2016 with an increase of 22.07% against historical low.

03-08-2016 15:23:26

2016 new policies influenced bunker market

2015 witnessed dull bunker oil market, and its prospect is still pessimistic in 2016. China government issued series of new policies about ”pollution prevention and emission control”, suggesting the crucible that bunker supplier and ship owners face still existed.

03-07-2016 16:36:22

China biodiesel import shrank further in January 2016

n January 2016, import biodiesel with HS code at 38260000 totaled at 1,761mt, down 24.69%, by 33.95% MoM and down 82.43% YoY; import biodiesel with HS code at 27102000 achieved 1.61 mt, down by 94.92% MoM and down by 95.81% YoY, according to data from the General Administration of Customs.

03-01-2016 17:16:01

China imported a total of 27.3 thousand mt of MTBE in January

China imported a total of 27.3 thousand mt of MTBE in January, down by 15.48% month on month and up by 5839.03% year on year, according to data from the General Administration of Customs.

03-01-2016 16:29:09

China imported 536.3 thousand mt of other aromatics in January 2016

China imported 536.3 thousand mt of other aromatics in January 2016, down by 63.95% MoM and up by 68.81% YoY, according to data from the General Administration of Custom.

03-01-2016 16:21:13

Chinese teapots’ crude import is conditioned by logistic and storage

Chinese teapots will encounter new problem with crude import quota rush recently. And supporting logistic and storage will be direct problems at present.

02-24-2016 17:55:32

China biodiesel development situation in 2016

Biodiesel, as one kind of alternative energy, appeared with the purpose of solving energy crises, but encountered development difficulties thenceforth. In 2016, domestic biodiesel market saw falling prices and production- suspended companies amid bearish crude and macro environment.

02-24-2016 15:38:22

China MTBE capacity growth slowed down with developing technology

China MTBE industry underwent a high-speed development period within 2009-2014 since the first MTBE unit in China was put into production in 1986. But MTBE capacity growth sank into bottleneck period after 2015, while MTBE production technology developed constantly.

02-24-2016 11:42:10

Theory margin of South China blended bunker gained by CNY40/mt

South China mix blended 180cst margin increased by CNY40/mt to CNY245/mt, compared to the last trading day before Chinese Lunar New Year Holiday. But it means little in actual operation due to thin trades amid sluggish demand and holiday influence.

02-23-2016 10:08:05

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