Asia’s top refiner China Petroleum Chemical Corp, or Sinopec, expects that its full-year 2020 refining runs will be lower than in 2019 because of a contraction in Chinese fuel demand caused... Read more
As oil prices have dropped to an 18-year low, China’s oil storage sector has seen demand soar as companies hoard the fossil fuel, reported Caixin. Since March 7, the day after talks between... Read more
China has begun buying US liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of US goods as part of the China-US Phase... Read more
Steel and copper inventories in China fell this week for the first time in months, exchange and consultancy data showed, as downstream metal consumers severely hit by the coronavirus come cl... Read more
Investors in China have found an unlikely new hiding place from the chaos engulfing financial markets, reported Caixin. The price of steel reinforcement bar, the somewhat unglamorous but ubi... Read more
