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Refining margins for Shengli, marine crude rise in Shandong

Shandong-based independent refiners reaped better refining margins for Shengli crude and marine crude this week because of relatively large rises in product prices, JLC data shows.

05-17-2018 11:38:42

Refining margins for Shengli, marine crude largely stable

Chinese independent refiners’ refining margins for Shengli crude and marine crude were largely stable at the beginning of May when feedstock costs and product prices did not change much, JLC data shows.

05-03-2018 11:23:22

Refining margins for Shengli, marine crude up on stronger products

Chinese independent refiners’ refining margins for Shengli crude and marine crude climbed in late April as product prices gained more than feedstock costs, JLC data shows.

04-25-2018 17:59:29

Marine crude oil theoretical margin losses increased by CNY52/mt to–CNY38/mt

This week, based on the settlement price CNY3,100/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on July 19th, the theoretical processing losses of teapots were CNY38/mt, increasing by CNY52/mt WoW.

07-20-2017 18:01:09

Processing marine crude oil suffered a loss of CNY29/mt

This week, based on the settlement price CNY3,150/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on June 21st, the theoretical processing losses of teapots were CNY29/mt.

06-22-2017 11:01:32

Processing light marine crude profit decreased by CNY65/mt WoW to CNY-34/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by CNY65/mt WoW to CNY-34/mt amid the diesel and gasoline price cut.

06-01-2017 15:32:52

Processing light marine crude profit decreased by CNY53/mt WoW to CNY31/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by CNY53/mt WoWto CNY31/mt amid the diesel price cut.

05-25-2017 12:55:05

Processing light marine crude profits of Shandong fell to CNY-34/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY-93/mt, dropping by CNY127/mt WoW.

04-21-2017 08:37:42

Processing light marine crude profits of Shandong rose to CNY93/mt.

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY93/mt, increasing by CNY188/mt WoW.

04-13-2017 18:01:08

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

Marine crude losses narrow CNY23/mt at CNY183/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on February 8th, the theoretical processing profits of teapots were –CNY183/mt, edging up by CNY23/mt than that before China’s Lunar New Year.

02-08-2017 18:15:03

Marine crude refining profits slid sharply to CNY36/mt

12-29-2016 11:32:13

Marine crude margins was down to CNY520/mt

12-01-2016 16:50:15

Marine crude refining profits declined to CNY264/mt

This week, based on the settlement price CNY2,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on September 21st, the theoretical processing profits of Shandong teapots settled down by CNY35/mt WoW to CNY264/mt

09-23-2016 15:12:51

Marine crude refining profits soared to CNY330/mt

This week, based on the settlement price CNY2,750/mt of light marine crude (density: 0.88-0.90) at Shandong market on September 7th, the theoretical processing profits of Shandong teapots settled up by CNY168/mt WoW to CNY330/mt.

09-08-2016 10:41:41

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

teapots marine crude refining lost CNY155/mt

This week, based on settlement at CNY2,900/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 6th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY155/mt.

07-08-2016 11:16:23

Marine crude refining losses enlarged to CNY117/mt

This week, based on settlement at CNY3,000/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 22nd, the theoretical loss of processing light marine crude of Shandong teapots went up by CNY7/mt WoW to CNY117/mt.

06-22-2016 16:31:54

Marine crude refining loss settled at CNY86/mt

This week, based on settlement at CNY3,100/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 8th, the theoretical loss of processing light marine crude of Shandong teapots went down by CNY184/mt WoW to CNY86/mt.

06-08-2016 17:38:41

Light marine crude margins increased to CNY257/mt of Shandong teapots

The theoretical loss of processing light marine crude of Shandong teapots went up by CNY122/mt WoW to CNY257/mt.

05-26-2016 09:35:21

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