HOME >> INDUSTRY NEWS >> Petrochemical

Qingdao Refining & Chemical Records Stable Barge LPG Sales

Sinopec Qingdao Refining & Chemical sold three cargoes of LPG totalling 5,400 tonnes by barge in the week ended 17 August, flat from the previous week, according to ICIS C1 research.

The company maintained normal barge sales and held low LPG stock currently, a company source said.

It pegged its list price of LPG at yuan (CNY) 6,300/tonne on Friday, unchanged from a week earlier, according to the source.

Located at Qingdao city in Shandong province, Qingdao Refining & Chemical has a crude processing capacity of 10m tonnes/year. It supplies about half of its LPG to south China and east China’s Zhejiang province by barge.

(C1, Edited by Topco)