Everbright Futures: March 20 Energy and Chemical Daily

On Wednesday, FU2505, the main fuel oil contract in the previous period, closed down 2. 29 percent at 3068 yuan/tonne. And LU2505, the main contract to low-sulfur fuel oil, closed down 1. But 46 percent at 3519 yuan/tonne. Additionally The latest data from the Singapore Enterprise research Board shows that in the week ending March 12, Singapore imported about 331900 tons of fuel oil from Russia, which was basically zero in the previous five weeks. Specifically From a fundamental point of view, the low-sulfur fuel oil market is stable, while the high-sulfur fuel oil market is running strongly. On the low sulfur side, due to the abundant supply of in stock in the low sulfur market in the Western Hemisphere and the increase in Brazilian arrivals, arbitrage goods arriving in Singapore in March will increase by about 500000 tons month-on-month, however the decline in the economy of east-west arbitrage will limit the number of arbitrage goods flowing into Singapore from the West in April. But In terms of high sulfur, the structure of Singapore's high sulfur market strengthened further last week, showing that in stock is still tight, however this week's external discount fell slightly, immediate FU is still affected, LU is to maintain a weak state of evaporative environment, need to pay attention to the risk of immediate oil price fluctuations.

Gold extends record rally as traders weigh Fed move

Sumitomo Chemical adjusts Singapore subsidiary's capacity layout, closes some production lines

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Everbright Futures: March 20 Energy and Chemical Daily

Gold extends record rally as traders weigh Fed move

Sumitomo Chemical adjusts Singapore subsidiary's capacity layout, closes some production lines

Can the frequency of negative electricity prices bring a new model of cost reduction to chemical production?

India Multidimensionally Promoting Diversification of Energy Imports to Deal with the Situation in West Asia and Shipping Risks in the Strait of Hormuz

South Korea adds naphtha to key commodity list with multiple initiatives to address Middle East supply disruption risk

India to restart Tata Power Mundra coal power project to cope with summer power peak

China has become the world's largest MMA producer: rapid expansion of production capacity superimposed on geo-shocks, supply and demand patterns are being deeply reshaped.

India's anti-dumping announcement on China and Thailand's polyether polyols is rewritten.

World's Largest Coal-to-Ethylene Glycol Project Starts: 2.4 million Tons of New Capacity Locked in 2028, Ethylene Glycol Supply Pattern Deeply Reshaped Countdown

Yu energy chemical 150000 tons of kettle method EVA project officially started: directly hit the photovoltaic-grade import substitution core pain point, the northwest high-end production capacity pattern changed.

What is China's chemical industry chain bearing in this war? Or will it accelerate the structural transformation of China's chemical industry?

Phenol stabilizes after sharp rise and fall, geo-disturbance remains core variable

In-depth scanning of the performance of the seven major sectors of China's chemical industry: scarce resources and technical barriers are the real moat through the cycle.

Vietnam approves 2021-2030 ICT infrastructure plan

Micron's Gujarat plant in India is steadily advancing, and India is accelerating the layout of the global semiconductor industry chain.

Shandong Zhemei 80000 Tons of Optical Grade PMMA in One Drive

Indonesia's February 2026 ICP crude oil prices surge month-on-month, with multiple global factors driving oil prices higher

Saudi Aramco announces preparations for restarting the Rastanula refinery after it was shut down by Iranian drone strikes

With a total investment of 6.1 billion yuan, Zhongtian Hechuang's new project will be held, including acetic acid and vinyl acetate plants.

Turkey's exports were solid in February, with exports to Germany hitting a record high in February, with significant growth in automotive and other categories.

Turkey has completely abolished urea import tariffs, reshaping the regional fertilizer trade pattern and easing the pressure on spring farming supply.

The situation in the Middle East affects energy policy, Thailand adjusts oil export restrictions, and Laos strengthens fuel market supervision.

72-hour relay of seven sets of devices: Huajin Ami 83.7 billion Project Sprints into Full Production, Northern Chemical Territory Reconstruction Enters Countdown

In-depth analysis of Fuhai Tangshan 34.56 billion Petrochemical Project: POE, EVOH, PTT Precision Card High Barrier Track, North China Supply Pattern to be Deeply Remodeled from 2029 to 2030

Lianhong New Branch 2025 net profit growth of 30.4 against the trend: six new material product lines intensive landing, multi-category import substitution window accelerated closure.

BASF Guangdong Integration Base Put into Full Operation: Accumulated Investment Exceeds 60 billion Yuan, Sinopec's Foreign Investment Pattern Welcomes Historic Node

34.56 billion Fuhai Tangshan Petrochemical Project Triple Signals: Methanol Naphtha Coupling Innovation Route, 17 Devices Directly Hit POE, EVOH Import Substitution Core

India's crude oil import pattern changes: OPEC share hits record low Russian discount oil tops largest supplier

Wacker Chemical Plus Code India Layout Panagar Silicon Emulsion New Factory Launched to Energize Beauty Market

Coal to Olefins and Oil to Olefins: Cost Competitiveness Analysis and Market Implications

South Korea's Lishui No.1 Project Landing Petrochemical Industry Integration Speeds Up Capacity

Turkey opens a new model for container scrap imports to reshape the global scrap trade pattern

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