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Overseas investors of crude futures exempted from individual income tax

Guangzhou (JLC), September 6, 2023--Overseas individual investors can now enjoy an exemption from individual income tax on the income obtained from investing in Chinese domestic crude oil futures.

09-06-2023 15:55:13

Domestic PP prices restricted by lower crude futures

China PP (polypropylene) prices would go rangebound in the short run, due to lower crude futures, rising supply but better demand.

09-15-2022 11:41:59

INE to add Basrah Medium, Tupi to its crude futures trading

Guangzhou (JLC), June 28, 2022--Basrah Medium crude from Iraq and Tupi crude from Brazil will be added to Shanghai International Energy Exchange (INE)’s crude futures trading as from November 1, 2022,

06-28-2022 19:13:43

China’s adipic acid prices move sideways on lower crude futures

China’s adipic acid prices moved sideways mainly due to lower crude futures, despite of tight supply.

05-12-2022 17:04:01

China PE prices inch up on high crude futures

Shandong(JLC), November 18, 2021--The price of PE (polyethylene) inched up after plunging during mid-November, with the downstream industries’ off-peak season ending.

11-18-2021 17:19:47

Adipic acid price falls on plunged crude futures

Adipic acid market fell after rising followed with benzene prices.

07-20-2021 17:13:22

INE adds first foreign-funded tank for crude futures delivery

Beijing (JLC), February 26, 2021--China's Shanghai International Energy Exchange (INE) approved Qingdao Port Mercuria Storage as a delivery point for crude futures earlier this month, the first one invested by a foreign firm.

02-26-2021 11:41:30

INE to add Murban to its crude futures trading from June 2021

Murban crude from the United Arab Emirates will be added to Shanghai International Energy Exchange (INE)'s crude futures trading as from June 1, 2021, according to a recent announcement from the INE, a subsidiary of Shanghai Futures Exchange.

12-14-2020 15:33:49

INE crude holds firm as world's third largest crude futures

SC futures on the Shanghai International Energy Exchange (INE) remains the world’s third largest crude futures by trading volumes.

11-17-2020 18:47:28

INE warrants for Oman crude futures attract more buyers

The Shanghai International Energy Exchange (INE) has found increasing interest in its warrants for Oman crude futures, market sources said. Some international traders plan to sell the grade from INE's bonded warehouse to South Korea and some other Asian countries.

07-16-2020 16:20:56

INE adds two more tanks for crude futures delivery

China's Shanghai International Energy Exchange (INE) added two more storages, in Zhanjiang of Guangdong and Tangshan of Hebei, as tanks for crude futures delivery on April 24.

04-28-2020 10:58:57

INE doubles crude futures delivery capacity in April to meet demand

The Shanghai International Energy Exchange (INE) has more than doubled the storage capacity for its crude futures in April, to better serve real economies and enhance its ability to manage risk amid fluctuating crude prices and increasing financial risks, according to INE.

04-24-2020 14:26:28

MX prices move up on rising crude futures

Shandong (JLC), April 10, 2020--China mix-xylene (MX) prices tracked an uptrend during April 3-9 amid upward crude futures prices as OPEC+ would hold a discussion to cut production, and the buying interest improved greatly.

04-10-2020 13:47:29

PTA prices hit record low on crashed crude futures

Shandong (JLC), March 16, 2020--PTA futures prices recorded a historical low as of March 13 as plunges in crude futures prices resulted in plummeted chemical market.

03-16-2020 17:29:43

SC1906 becomes most-actively-traded crude futures on INE

Guangzhou (JLC), April 18, 2019--Crude futures contract SC1906, for delivery in June 2019, replaced SC1905 as the most-actively-traded contract on the Shanghai International Energy Exchange (INE) on Thursday, according to data from INE.

04-18-2019 18:00:34

INE launches crude futures price indexes

The Shanghai International Energy Exchange (INE) officially launched the crude futures price indexes on March 26, according to an announcement from the exchange.

03-28-2019 15:28:47

SC1905 becomes most-actively-traded crude futures on INE

Crude futures contract SC1905, for delivery in May 2019, replaced SC1904 as the most-actively-traded contract on the Shanghai International Energy Exchange (INE) on Tuesday, according to data from INE.

03-20-2019 08:38:12

SC crude futures prices rise amid mixed factors

The prices of SC crude futures on the Shanghai International Energy Exchange (INE) edged higher on Monday, amid mixed factors.

03-19-2019 09:16:28

SC crude futures prices rise as Yuan weakens

The prices of SC crude futures on the Shanghai International Energy Exchange (INE) rose on Friday, tracking the depreciation of Chinese currency Yuan.

03-15-2019 17:34:48

SC crude futures prices rise on less supply

The prices of SC crude futures on the Shanghai International Energy Exchange (INE) extended gains on Thursday, with support from supply drops.

03-14-2019 18:42:22

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