Company name: Shanghai Zhiyan new material technic Co.,Ltd.
Unit address: Jinbao Industrial Zone, Shanghai, Jiading District
Zip code: 201803
Contact person: Mr. Wang (18049701091)
Contact number: +86-21-31001397
Contact Fax: +86-21-39520785
E-mail: zhiyanxk@163.com
This week the ship fuel 180CST the theory of harmonic profit is 170.90 yuan / ton, down 17 yuan / ton or 8.80%; if the water oil substitute oil shale oil, can profit 145 yuan / ton, down 16.50 yuan / ton or 10.22%.
Residuum, Shandong low sulfur residue trading price of 2680-2750 yuan / ton, compared with last week's price unchanged. This week, China Sea asphalt Binzhou 110# asphalt volume of about 20 thousand tons, quoted 2680 yuan / ton. The supply of medium and low sulphur resources is relatively concentrated, and the negotiations are basically finishing at a high level. Shale oil, according to the information learned, August 28th Fushun shale oil, Volume 12 thousand tons, the range of 2816-2836 yuan / ton, the weighted average price of 2823 yuan / ton, down 11 yuan / ton. Base bid 2806 yuan / ton, flat. Accessories, accessories limited supply, the trend was stable, oil on water of Shaanxi area density 0.95-0.96g/cm of the fand negotiations in 2400-2550 yuan / ton of coal price in Huanghua; wood density in 1.03g/cm fand about 2500 yuan / ton.
In terms of ship fuel price, the fluctuation of oil transfer costs is limited, the ship burning market is stable and the quotation for individual businesses is down slightly. According to Zhuo understanding, until now, with the 180CST mulagandhakuti price in 3000-3150 yuan / ton Bohai Bay ship last week, prices fell slightly to 25 yuan / ton.
The demand for crude oil was stimulated by the restart of major refineries and pipelines after the cyclone closed. Meanwhile, the Russian energy minister hinted that oil production could be renewed, and oil prices rose to more than three weeks Tuesday. And 9-10 months is the traditional repair season in the United States refineries, even without the impact of Harvey, the United States refinery will also begin to overhaul in the next few weeks. U.S. crude oil is expected to continue the rebound, but it is difficult to rebound to $50 above.
The short-term crude oil prices remain high and volatile or news, facing the ship fuel oil market boost is limited, high cost of raw material market consolidation, end support is limited, while the downstream demand unable to recover, the ship fuel market is still limited, the material area 180CST Kuti prices remained at 3050-3150 yuan / ton range, affected by this, next week is expected to ship 180CST theory of harmonic profit or narrow adjustment.