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INE crude rises on bullish news about vaccine and stimulus package

The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Friday, as the US approved another vaccine and is expected to pass a stimulus package soon.

12-18-2020 18:56:23

LPG prices rise amid bullish news

LPG prices in south China rose yesterday amid few cargo arrivals at terminals

12-13-2018 10:54:42

Refined oil market to rise in Oct amid bullish news

Beijing (JLC), September 28, 2018--The Chinese refined product market is expected to rise further in October amid the strong gasoline and diesel demand.

09-28-2018 18:23:09

China’s refined oil market extends uptrend amid bullish news

Beijing (JLC), September 14, 2018--China’s refined oil market has continued rising as from September 2016. And many regions start to produce national standard (GB)-VI refined oil.

09-14-2018 11:54:36

Refined oil market to rise in Sept amid bullish news

Beijing (JLC), August 29, 2018--The Chinese refined oil market is expected to extend upward trend in September amid the increasing international crude and demand.

08-29-2018 17:30:08

Deep-processing unit profits climb amid bullish news

Deep-processing unit profits climbed in the week ended August 9. Alkylation, isomerization and aromatization unit profits averaged CNY234/mt and CNY135/mt, up 6.9% and 14.41% respectively. Aromatization unit recorded losses of CNY104/mt.

08-14-2018 16:29:15

LPG prices rise amid bullish news in summer

China domestic LPG market boomed unusually this summer. LPG price index in 2018 summer read CNY1,000-1,500/mt ($145.57-218.36/mt) higher than that in 2017, as shown in the following chart.

08-14-2018 12:01:59

Modified ethanol imports surge on bullish news

Modified ethanol imports surged in January 2018, mainly due to the supply shortage and relatively low cost. Ethanol gasoline has been promoted in China for over 10 years. Fuel ethanol takes an important part in ethanol gasoline production.

03-08-2018 14:19:35

C5 price rose amid bullish news in 2017

Ethylene unit capacity grew slowly and cracking C5 price rose greatly in 2017. Downstream C5 petroleum resin unit capacity also recorded large movements. Pentane unit capacity enlarged and C5 light oil quality improved.

12-25-2017 15:22:55

Alkylated oil price climbed to 2017 high in Nov amid bullish news

International crude price change has an indicative effect on downstream product and re-processing product price trends. Recently, alkylated oil price moved along with the international crude price, which fell after surging.

11-23-2017 17:16:49

Cracking feedstock C5 price climbed amid bullish news

C5 industry chain was affected less from environmental protection inspection in October as many refineries restarted after maintenance and C5 downstream tight supply situation eased slightly.

10-20-2017 14:42:04

Shaanxi refined products recorded better sales amid bullish news

According to Shaanxi Provincial Development and Reform Commission, in January-August 2017, Shaanxi crude processing volume totaled 11.5727 million mt, down 0.76% year on year.

09-18-2017 16:10:10

Shaanxi refined product sales rose slightly in July amid bullish news and flat demand

Recently, as Shaanxi Provincial Development and Reform Commission released on its website, in January-July 2017, Shaanxi crude processing volume totaled 9.9986 million mt, down 1.36% year on year.

08-16-2017 16:30:09

Refined product prices might rose amid bullish news

Abu Dhabi the crude oil conference held in Abu Dhabi failed to provide bullish supports. Besides, China crude import declined in July amid ample supply, restricting the crude oil price from rising further.

08-11-2017 17:53:48

China bunker oil kept flat development when bullish news returned to shipping industry

Recently, shipping market was full of bullish news. BDI raised to 1,200 points from the 668 points in the first half of February, up by 77% within one month. The increasing BDI boost traders’ confidence toward the recovery of shipping industry.

03-23-2017 10:24:55

Propane price mounts gradually amid much bullish news

After the National Day Holiday (October 1st-October 7th), the whole gas market performs well. Although it is thought that the price will grow, the amount of increase has outpaced the expectation, especially the propane market.

10-17-2016 09:47:07

Oil prices increased amid developed bullish news

On October 14th, the strong Chinese crude import data and decreasing refined oil inventory of America lifted the oil prices.

10-14-2016 17:17:14

Refined oil market may be volatile at high levels amid bullish news

At the end of September, OPEC reached the freezing production agreement to cut down the daily production by 3.25-3.3 million bbl unexpectedly.

10-11-2016 16:41:24

Blending gasoline profit was acceptable in Q3 amid deadlocked bearish and bullish news

In the third quarter, international crude futures registered a “V” shaped tendency, which started dropping since it touched the top level in early June and soared up at the end of August

09-30-2016 16:40:49

MTBE moved upwards in September amid much bullish news

Golden September is stepping into the end. MTBE market moved upwards visibly amid lifting operations among sales and purchase traders, and trading atmosphere was warmed.

09-27-2016 14:58:52

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