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Shandong independents' coking profits rise in early February

Beijing (JLC), February 5, 2019--Shandong-based independent refiners’ coking profits increased in the week ended February 5, as costs fell deeper than sales revenue.

02-05-2020 17:48:34

Sales revenue rises cut independents' coking losses

Beijing (JLC), November 11, 2019--As of the week ended November 8, Shandong-based independent refiners suffered fewer coking losses as the sales revenues inched up, but vacuum residual oil prices were largely stable, JLC data shows.

11-11-2019 09:15:27

Shandong independent refiners' coking profits fall in mid-October

Beijing (JLC), October 17, 2019--Shandong-based independent refiners’ coking profits declined in the week ended October 16, as the sales revenue fell notably.

10-17-2019 15:13:11

Shandong independents' coking profits fall on rising costs

Beijing (JLC), September 19, 2019--Shandong-based independent refiners’ coking profits declined in the week ended September 18, as the rise in coking feedstock prices surpassed that in revenue sales.

09-19-2019 17:13:20

Shandong coking losses abate on rising sales revenues

Beijing (JLC), September 11, 2019--The coking losses at Shandong-based independent refiners abated during September 5-11, as the sales revenues increased.

09-12-2019 09:13:02

Independent refiners see escalating coking losses

Beijing (JLC), September 5, 2019--The coking losses at independent refiners escalated in the week ended August 28 from a week earlier, in large part because the sales revenues declined.

09-05-2019 16:41:35

Independent refiners face lower coking losses

Beijing (JLC), July 11, 2019--The coking losses faced independent refiners were mitigated in the week ended June 10, as sales revenues increased.

07-11-2019 16:17:19

Independent refiners see worsened coking losses

Beijing (JLC), June 19, 2019--Independent refiners’ coking losses escalated as product revenues fell obviously during June 13-19, 2019, amid weak downstream demand.

06-19-2019 17:12:51

Coking unit’s margin increased by CNY46/mt WoW to CNY531/mt

The theoretical profit of processing light offshore crude of independent refineries reached CNY375/mt, up CNY15/mt week on week as sales revenue increased slightly this week.

10-19-2017 09:54:47

Bullish sentiment sustained in coking coal market with port steam coal price inching down

Steam coal market at ports kept downtrend these days with flat transactions, and power plants reduced steam coal procurement from market due to the long-term coal contracts. Coking coal companies were bullish for the future market with smooth sales amid the fat profit in steel plants.

08-22-2017 17:36:19

Steam coal price edges down and coking coal market is worse than expected

With the upcoming slack season of coal consumption, coal prices went down despite the intensive safety check in partial coal producing areas, and steam coal prices began to nudge down.

04-18-2017 15:28:05

Coking coal market may start with dropping steam coal consumption in power plants

In April, with the end of heating period, downstream power plants stepped into overhaul stage and the falling run rate of unit decreased coal consumption. Up to April 6th, the daily steam coal consumption in six major coastal power groups declined to 522,000 mt.

04-07-2017 18:20:15

Coking coal market to move weakly in short run

Coke prices dropped continuously after the Spring Festival holiday with the production resumption at coal mines, and coking plants constantly compressed purchasing volume of resources owing to the shrinking profits in order to urge coal mines to cut prices.

03-13-2017 16:03:23

Coking refining profits gently rose to CNY165/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on January 11, the theoretical processing profits of teapots went up by CNY161/mt WoW to CNY94/mt.

01-12-2017 11:23:13

Coking unit margins slid to CNY525/mt amid higher cost

This week, based on the settlement price CNY3,700/mt of light marine crude (density: 0.88-0.90) at Shandong market on December 14th, the theoretical processing profits of teapots settled down by CNY213/mt WoW to CNY279/mt.

12-15-2016 11:41:33

Coking unit margins soared up to CNY726/mt

This week the coking unit refining margins of Shandong teapots inched up by CNY131/mt WoW to CNY726/mt.

11-25-2016 09:57:00

Coking units refining profits ended up by CNY138/mt

10-13-2016 09:53:31

Is coking coal heading for a potential meltdown?

Coking coal’s price spike only happened within a short span of time, jumping from USD100/mt level in August to over USD150/mt in early September, zooming pass previous high of USD144/mt set in November 2013.

09-12-2016 09:02:01

China's coking coal imports hit a year-to-date high in June

According to the General Administration of Customs of the PRC, China imported 5.81 million mt of coking coal in June, up by 16.9% YoY and 31.4% MoM, hitting the highest level year to date. From January to June, China’s coking coal imports reached 27.01 million mt with a yearly hike of 25.7%.

07-25-2016 16:27:04

Teapots coking refining profits increased to CNY192/mt

This week, based on settlement at CNY2,750/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 20th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY61/mt.

07-21-2016 09:06:13

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