China's crude imports from its major suppliers, including Iran, rose significantly in October versus a year ago, save for top exporters Saudi Arabia and Angola, detailed data from the General Administration of Customs showed Saturday, ...
Tags: Crude imports, Crude Oil
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
Both imported and domestically produced LPG prices drifted lower in South and East China this week, mainly weighed down by the bearish market outlook, trade sources said Friday. Asian LPG prices slid to near 28-month lows Thursday, ...
Tags: LPG Prices, LPG
China's environmental degradation has become a growing source of public consternation and a potential political liability. Premier Li Keqiang declared a "war on pollution" in March 2014, vowing to reduce emissions from power generation and ...
Tags: Metallurgy, Mineral, Energy, Shale
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
GIA has released a comprehensive global report on Polymeric Polyols markets. Global market for Polymeric Polyols is forecast to reach 33.1 billion pounds (lbs.) by 2020, driven by growing demand for polyurethane in the automobile, ...
Tags: Polyols, polyurethane, Decoration
Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Jinling Huntsman will use the gases ...
LPG prices were mixed in East China this week, rising in Jiangsu province and falling in both Shanghai and Zhejiang province, trade sources in the regions said Friday. Propane-rich imported LPG was heard traded at Yuan 5,900-6,000/mt ...
Tags: LPG Prices, Refinery, LPG
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works butadiene price across the country by Yuan 200/mt to Yuan 9,100/mt, sources close to the company said Thursday. On an import parity basis, the new price is calculated at ...
JAC Group launched their new light trucks with national 4 emission standard in Guangzhou on June 12, after operating similar promotion events in Northwest and Central China. And the brand new light trucks are focused by many potential users ...
Tags: Light Truck, Truck, Transportation, Auto Parts
More than half of Asia's gas needs will be supplied by LNG by 2030, Santos Ltd CEO David Knox said Thursday, adding that this will provide the Australian LNG exporter opportunities to grow. Speaking from the Brisbane Mining Club, Knox ...
Tags: Gas, Chemicals, Metallurgy, Mineral, Energy
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...
China's state-owned Sinopec said Wednesday it has signed a pact with Kuwait Petroleum Co to enhance cooperation in the oil sector, including refining. Sinopec, or China Petrochemical Corp., said the deal was signed Tuesday in Beijing in ...
Tags: Oil, Refining, Metallurgy, Mineral, Energy
China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...
Tags: Sinopec, downstream markets
Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical