Wednesday 29 April 2015

ENMORE: Chinese Bitumen-China Bitumen Market Focus 2015

SHANGHAI, April 29 (Bernama-BUSINESS WIRE) -- ENMORE is going to hold the 6th China Bitumen Market Focus 2015 in Chengdu, Sichuan (China) on June 10-11.
 
Chinese buyers began to reduce their procurement when Brent began to drop dramatically from the low price level that has remained since 2014, while China’s consumption tax of fuel oil increased from RMB 812 to RMB 1,218 also made them more hesitant. Meanwhile, teapot refineries in Shandong reverted to cutback bitumen from overseas market.

http://mrem.bernama.com/viewsm.php?idm=24346

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