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What responses will PP market have after the FED raised the federal funds rate?

On June 14th, the FED published the federal funds rate increased by 25 basis points to 0.25%. This is second time for interest rate increase in 2017 and it meets the expectation of the public and insiders.

06-15-2017 17:18:18

JLC: NDRC raised gasoline & diesel retail prices on May 25th as expected

According to JLC monitoring, the National Development and Reform Commission (NDRC) lifted gasoline and diesel retail prices by CNY140/mt and CNY135/mt respectively at 24:00, May 25th, meeting market expectations and coinciding with JLC’s earlier forecast of a CNY150/mt increase.

05-25-2017 10:49:29

Can PE market keep stable or not after FED raised the interest rate?

The FED announced to raise the federal funds rate by 25 bp (0.25%) on March 16th. The rate increased for the first time after the December 2016 and the third time in the past ten years. It is predicted that the rate might be lifted twice more in the rest time of 2017.

03-17-2017 17:59:16

SDIC Xinjiang Luobupo Hoevellite Company raised EXW price of potassium sulfate on Mar 6th

SDIC Xinjiang Luobupo Hoevellite Company raised its EXW prices by CNY50/mt on March 6th. After the price adjustment, the offer of 51% potassium sulfate grain is CNY2,550/mt and that of 52% potassium sulfate is CNY2,600/mt.

03-10-2017 18:05:00

PE market will be in cautious but optimistic sentiment after PBC raised the interest rate

It is learned that PE inventory increased to 980,000 mt after the Spring Festival and may reach over 1 million mt when downstream players start the operation after the Lantern Festival(February 11th, 2017).

02-08-2017 15:59:13

Retail prices of China oil products may be raised or unchanged in January 2017

The last price adjustment of domestic oil products realized three consecutive rises in 2016, when retail prices of gasoline & diesel were raised ten times and were down-adjusted five times. Gasoline & diesel prices rose by CNY1,015/mt and 975/mt respectively after offset between ups and downs.

01-04-2017 10:19:37

First pricing adjustment of oil products to be raised in 2017

Oil products prices ended with three consecutive rises after up-adjustment on December 28th, 2016. The news issued on the website of the National Development and Reform Commission (NDRC) showed, according to the current oil products pricing mechanism, domestic gasoline & diesel

12-29-2016 15:05:27

The surging oil price raised not only gladness but also bitterness

12-12-2016 17:55:16

NDRC raised oil products retail prices for the eighth time

The new round of price-regulation window of oil products was opened at 24:00 on November 30th. Many organizations predicted that oil products prices might be raised, which was the eighth raise in 2016.

12-01-2016 10:50:31

Huaxing CDU restart raised Shandong teapots run rate

11-11-2016 14:55:02

CIBC raised the predicted average price of WTI to $51/bbl in 2017

According to the customers’ report of CIBC, on September 28th, OPEC reached limiting production agreement unexpectedly. The agreement restricted the crude production at 32.5 million bbl/d, decreasing 500,000 bbl/d comparing with the second quarter.

09-29-2016 16:49:08

China raised strategic crude reserves by 22% in H2 2015

According to the National Statistical Bureau of China, China's strategic crude oil reserves soared by 22.5% in the second half of 2015, from 26.1 Mt (190 mbl) to 31.97 Mt (233 mbl), i.e. about 33 days of net oil imports.

09-12-2016 08:51:18

China’s crude oil imports raised 19.5% YoY from Iran in May

According to data released by General Administration of Customs of PRC on 21st June, China imported 619,000bbl/day crude oil from Iran, up 19.5% YoY.

06-28-2016 15:20:24

Saudi Aramco raised exported crude oil prices to Asia

On 5th June, the world’s largest oil exporter Saudi Arabia raised most of grade of crude oil prices export to Asia in July.

06-14-2016 15:06:37

Sinopec naphtha factory prices in May raised CNY170/mt

In May 2016, Sinopec naphtha factory prices were settled at CNY2950/mt, up by CNY170/mt than in April, Tahe branch company factory prices for Eastern chemical enterprises were settled at CNY1950/mt. Naphtha for joint venture implemented due to the prices of the original contract.

05-31-2016 17:43:09

Main refineries' jet fuel EXW price would be raised in April

According to JYD, during February 25th-March 24th, Singapore jet fuel average price settled up by $6.64/bbl MoM to $46.65/bbl, and the exchange rate of RMB against dollar was average at 6.5120 steadily. The RMB equivalent of jet fuel CIF price after tax ended up by CNY390/mt MoM to CNY2,978/mt.

03-28-2016 11:35:42

Import quota crude arrivals raised the inventory in Shandong ports

11-19-2015 14:42:51

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