Readymade Oil Demand Dampened in Zhengzhou Market, CN
CHEM99   Edit at:Thu, 21 Aug 2008 6:23:44 GMT  Mid-China
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    The readymade oil demand was muted with high inventories in Zhengzhou market, Henan province of M-China, the whole market remained soft.
 
    In Sinopec the price of E90# gasoline was at Yuan 7,174/mt, E93# gasoline was at Yuan 7,599/mt, E97# gasoline was at Yuan 8,028/mt; 0# diesel oil was offered around Yuan 7,100-7,150/mt with discount for big deal.
 
    In PetroChina the price of E93# gasoline was at Yuan 7,609/mt, E97# gasoline was at Yuan 8,039/mt; 0# diesel oil was at Yuan 7,150/mt, +5# was at Yuan 7,050/mt with discounts.
 
    The market offered diesel oil at Yuan 7,050/mt.
 
    The retail price of E90# gasoline was at Yuan 5.59/liter, E93# gasoline was at Yuan 5.92/liter, E97# gasoline was at Yuan 6.26/liter, 0#diesel oil was at Yuan 6.1/liter.
 
    Today’s exchange rate is $1 =6.8518RMB
 

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