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Hongbang PetroChemical
中文
  • Market analysis

20240304~20240310 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: During this statistical period, WTI crude oil prices continue to fluctuate and increase slowly upward. Analysts at Standard Chartered Bank believe that this is closely related to the…

  • chenhongfei@hongbangpec.com
  • March 10, 2024
  • Market analysis

20240226~20240303 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: During this statistical week, the price of WTI crude oil still steadily exceeded 75 US dollars. Although there was a slight fluctuation, it has been rising overall since…

  • chenhongfei@hongbangpec.com
  • March 3, 2024
  • Market analysis

20240219~20240225 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil performed strongly during the Spring Festival and has exceeded US$75 for two consecutive statistical periods. General analysis still believes that the chaos in the Middle…

  • chenhongfei@hongbangpec.com
  • February 25, 2024
  • Market analysis

20240205~20240211 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: The average price of WTI crude oil this cycle is 74US dollars. After falling from 77.82 US dollars to 72.28 US dollars in the last cycle, it rose…

  • chenhongfei@hongbangpec.com
  • February 11, 2024
  • Market analysis

20240129~20240204 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil performance has declined this week. The average price returned to US$75 in the last cycle, and the average price in this cycle is US$76. However,…

  • chenhongfei@hongbangpec.com
  • February 4, 2024
  • Market analysis

20240122~20240128 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil performed strongly this week. After falling below US$70 in December last year, the cycle average price returned to US$75, and even closed at US$78.01 this…

  • chenhongfei@hongbangpec.com
  • January 28, 2024
  • Market analysis

20240115~20240121 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil continues to struggle near $70 this week. Recently, Standard Chartered Bank stated that this weak trading situation in the crude oil market is unlikely to…

  • chenhongfei@hongbangpec.com
  • January 21, 2024
  • Market analysis

20240108~20240114 paraffin market analysis of China

The relevant information this week is asfollows: 1. Raw material Crude oil: WTI crude oil continues to struggle around $70 this week. On Tuesday, the U.S. Energy InformationAdministration EIA released a forecast that global oil demand is expected to grow by…

  • chenhongfei@hongbangpec.com
  • January 14, 2024
  • Market analysis

20240101~20240107 paraffin market analysis of China

The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil continues to struggle around US$70 this week, with no hope of returning to US$90. Some analysts have even begun to interpret it politically. For example,…

  • chenhongfei@hongbangpec.com
  • January 7, 2024
  • Market analysis

20231225~20231231 paraffin market analysis of China

The relevant information this week is asfollows: 1. Raw material Crude oil: After winning the battle to defend US$70 last week, WTI crude oil once exceeded US$75 this week. However, with the partial recovery of the Red Sea route, oil prices…

  • chenhongfei@hongbangpec.com
  • December 31, 2023
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