test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Insight | Time:Aug 11 2016 2:55PM
Sinopec's toluene and MX production scheduling over Aug-Oct
 
Text size
China Petrochemical Corporation, or Sinopec schedules to produce 130kt of toluene in August, about 96kt in September, down 26%, and 119kt in October, up 24% month-on-month, according to the data collected by CCFGroup.

Sinopec’s toluene production scheduling (unit: kt)
Company Production in Aug Production in Sep Production in Oct
Guangzhou Petrochemical 1.59 1.48 1.53
Hainan Refining and Chemical 7.12 6.97 7.1
Jinling Petrochemical 19.7 0 16.7
Maoming Petrochemical 8.32 10.2 10.54
Luoyang Petrochemical 11.5 11.1 11.5
Qilu Petrochemical 5.5 4.21 5.42
SECCO 11.159 10.949 11.499
Shanghai Petrochemical 5 4.29 4.43
Shijiazhuang Refining 2.5 2.5 4.5
Tianjin Refining 8 0 0
BASF-YPC 6.927 6.703 6.927
Yangtze Petrochemical 28 22.132 23.5
Changling Refining 8 8 8
Sinopec-SK 6.95 7 7.27
Anqing Petrochemical 0 0.158 0.158
Total 130.266 95.692 119.074

Sinopec’s MX production is estimated to be at 87kt in August, 100kt in September, up 15%, 96.4kt in October, down 3.6% month-on-month.

Sinopec’s MX production scheduling (unit: kt)
Company Production in Aug Production in Sep Production in Oct
Anqing Petrochemical 1.5 12 12
Guangzhou Petrochemical 13.027 13.027 13.027
Jiujiang Petrochemical 6 6 6
Maoming Petrochemical 2.08 2.1 2.17
Luoyang Petrochemical 0.311 6.76 0.311
Qingdao Refining 28 28 28
Shijiazhuang Refining 3.5 3.5 5
SECCO 6.633 6.142 5.25
Tianjin Petrochemical 0 0 1.54
Tianjin Refining 6 0 0
BASF-YPC 4.916 4.757 4.916
Changling Refining 10 10 10
Sinopec-SK 4.97 5.01 5.2
Zhenhai Refining 0 3 3
Total 86.937 100.296 96.414

Sinopec Marketing Company, a fully-owned subsidiary of China Petroleum & Chemical Corp, plans to sell 30kt of toluene in August, 25.6kt in September, down 14.7%, 28kt in October, up 10% month-on-month. Supplies are provided by several Sinopec’s companies, including BASF-YPC in Jiangsu, Changling Refining in Hubei, etc.

Toluene production sold collectively (unit: kt)
Company Aug Sep Oct
Maoming Petrochemical 1 0 0
Shanghai Petrochemical 1 0 0
Shijiazhuang Refining 2.5 2.5 4.5
Tianjin Refining 8 0 0
BASF-YPC 6.927 6.703 6.927
Changling Refining 8 8 8
Sinopec-SK 2.4 7 7.27
Guangzhou Petrochemical 0 1.48 1.53
Total 29.827 25.683 28.227

MX production to be sold collectively is calculated to be at 68kt in August, 82kt in September, up 20.6%, 84kt in October, up 2.4% month-on-month. Main suppliers include Guangzhou Petrochemical in Guangdong, Qingdao Refining in Shandong, etc.

MX production sold collectively (unit: kt)
Company Aug Sep Oct
Guangzhou Petrochemical 13 13 13
Jiujiang Petrochemical 6 6 6
Qingdao Refining 28 28 28
Shijiazhuang Refining 3.5 3.5 5
Tianjin Refining 6 0 0
BASF-YPC 1.639 1.586 1.639
Changling Refining 10 10 10
Anqing Petrochemical 0 12 12
Zhenhai Refining 0 2.9 3
Sinopec-SK 0 5.01 5.2
Total 68.139 81.996 83.839

Sinopec’s companies provide a large portion of toluene production for self-use. The amount totals 66kt in August, 29kt in September, down 56%, 42kt in October, up 48% month-on-month. The part of MX production for self-use is relatively small, totaling 7.4kt in August, 8.9kt in September and 2.5kt in October.

Toluene production for self-use (unit: kt)
Company Aug Sep Oct
Guangzhou Petrochemical 1.59 0 0
Hainan Refining 7.12 6.97 7.1
Maoming Petrochemical 7.32 10.2 10.54
Luoyang Petrochemical 11.5 1.13 11.5
Qilu Petrochemical 5.5 4.21 5.42
Yangtze Petrochemical 28 2.132 3.54
Sinopec-SK 4.55 0 0
Anqing Petrochemical 0 0.158 0.158
Shanghai Petrochemical 0 4.29 4.43
Total 65.58 29.09 42.688

Apart from the production sold collectively and for self-use, there’s another part of production which is sold individually by each refinery. The amount is expected to be 31kt of toluene and 11kt of MX in August, 11kt of toluene and 9kt of MX in September, 28kt of toluene and 8.5kt of MX in October.

(All the data above are the plans of production scheduling, and there are may be differences with the actual production over Aug-Oct.)

Related Articles
Toluene market daily (Jan 20, 2017)
Toluene and MX cargo arrivals to East China ports (Jan 10-27, 2017)
Toluene market opens high
Trading activity thin in Asian toluene market
2016 China toluene and mixed xylenes industry annual report
Toluene market daily (Jan 19, 2017)
Trading activity thin in Asian toluene market
Toluene market lack of vigor
Toluene market daily (Jan 18, 2017)
Toluene and MX port inventory in East China (Jan 18, 2017)
 
Research
Changes in China's MEG inventory structure in 2016
Analysis on improved polyester end-user market demand in ...
Analysis on the surging nylon market in the fourth quarter ...
What will HC re-PSF market head for on dropping profits
China PET bottle chip export feature and export destination ...
Companies investing in Xinjiang really perform well?
 
 

浙公网安备 33010902000742号