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Research Report on Chinese Petroleum Processing and Coking Industry, 2008-2009

www.shcri.com - In this report, Chinese petroleum processing and coking industry consists of the crude oil processing, the manufacturing of petroleum products, and production of man-made crude oil, coking and the nuclear fuel processing.

From January to May, 2009, sales revenue of Chinese petroleum processing, coking and nuclear fuel processing industry totaled RMB 712.365 billion, dropping by 18.38% YOY. Shandong, Liaoning, Guangdong, Jiangsu and Hebei ranked among the Top 5, whose aggregate sales revenue accounted for 45.24% of that in China.

In 2009 H1, the profit of Chinese petroleum processing and coking industry continued to rise. From January to May, the profit of Chinese petroleum processing, coking and nuclear fuel processing industry reached RMB 44.761 billion, growing by RMB 89.702 billion YOY.

Since2009, fixed asset investment in Chinese petroleum processing, coking and nuclear fuel processing industry has slowed down its growth due to the overcapacity. In 2009 H1, the fixed asset investment came up to RMB 83.213 billion, increasing by 7.50% YOY. The growth rate was reduced by 50.30% YOY.

In 2009 H1, production of Chinese crude oil processing reached 175.134 million tons, rising by 1.50% YOY. Liaoning, Shandong, Guangdong, Jiangsu and Zhejiang ranked among the Top 5, whose aggregate production took up 51.11% of that in China.

In 2009 H1, Chinese gasoline production totaled 34.8 million tons, growing by 13.90% YOY. Liaoning, Shandong, Guangdong, Shaanxi and Heilongjiang ranked among the Top 5, whose aggregate production was 47.39% of that in China.

In 2009 H1, Chinese diesel fuel production totaled 64.613 million tons, falling by 1.1% YOY. Liaoning, Shandong, Guangdong, Zhejiang and Xinjiang ranked among the Top 5, whose production accounted for 48.83% of that in China.

In 2009 H1, production of Chinese fuel oil reached 9.52 million tons, declining by 19.1% YOY. Liaoning, Shandong, Guangdong, Jiangsu and Zhejiang ranked among the Top 5, whose aggregate production took up 74.52% of that in China.

In 2009 H1, export volume of Chinese processed oil was 10.43 million tons, growing by 31.4% YOY. The export value totaled USD 4.365 billion, decreasing by 28.6% YOY. The average export price was 418.48 USD/ton, declining by 352.61 USD/ton YOY.

In 2009 H1, import volume of Chinese processed oil was 19.58 million tons, dropping by 7.7% YOY. The import value reached USD 7.357 billion, reducing by 54.3% YOY. The average import price was 375.76 USD/ton, decreasing by 383.22 USD/ton YOY.

In 2009 H1, export volume of Chinese gasoline was 1.81 million tons, growing by 140.7% YOY. The export value was USD 835 million, rising by 16.1% YOY. In 2009 H1, import volume of Chinese gasoline reached 44,300 tons, falling by 94.7% YOY. The import value totaled USD 25 million, reducing by 97.3% YOY.

In 2009 H1, the export volume of Chinese diesel fuel was 2.15 million tons, rising by 880.6% YOY. The export value reached USD 945 million, growing by 374.8% YOY. The import volume was 1.05 million tons, falling by 72.8% YOY. The import value totaled USD 472 million, reducing by 88.1% YOY.

In the following years, Chinese oil refining industry will face high pressures on overcapacity and complete recovery. It is estimated that the newly increased oil refining capacity of China National Petroleum Corporation CNPC), Sinopec Group and CNOOC will be about 40 million ton/year in 2009. According to the supply and demand, there will be an overcapacity of nearly 10 million tons on Chinese processed oil in 2009.

 

Through this report, readers can acquire more information:

- Operation of Chinese petroleum processing and coking industry, 2008-2009 H1

- Investment in Chinese petroleum processing and coking industry, 2008-2009 H1

- Processing Volume of Chinese crude oil, 2008-2009 H1

- Monthly production of Chinese gasoline, 2008-2009 H1

- Monthly production of Chinese diesel fuel, 2008-2009 H1

- Monthly production of Chinese fuel oil, 2008-2009 H1

- Import and export of Chinese gasoline, 2008-2009 H1

- Import of Chinese diesel fuel, 2008-2009 H1

- Main regions of Chinese petroleum processing and coking industry, 2008-2009

- Price tendency of Chinese processed oil, 2008-2009

- Price adjustment mechanism of Chinese processed oil, 2008-2009

- Policies in Chinese petroleum processing and coking industry, 2008-2009

- Main events in Chinese petroleum processing and coking industry, 2008-2009

- Prediction on the development of Chinese petroleum processing and coking industry, 2009-2010

 

Following persons are recommended to buy this report:

- Petroleum processing and coking enterprises

- Processed oil traders

- Relevant enterprises in the petroleum processing and coking industry chain

- Investors concerning Chinese petroleum processing and coking industry

- Persons concerning Chinese processed oil pricing mechanism

- Research institutions concerning Chinese petroleum processing and coking industry

- Others concerning Chinese petroleum processing and coking industry

 

Source: China Research and Intelligence

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http://www.shcri.com/reportdetail.asp?id=387