Sinopec, PetroChina cut June jet kerosene prices by CNY467/tonne

01 June 2012 08:09  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Sinopec and PetroChina have both reduced their contract prices of jet kerosene for June deliveries by yuan (CNY) 467/tonne ($73/tonne), in line with weakening prices in international markets, sources from the two companies said on Friday.

With effect from 1 June, Sinopec and PetroChina are charging CNY7,459/tonne and CNY7,449/tonne ex-refinery respectively for their jet kerosene supply to China National Aviation Fuel (CNAF), the sole jet kerosene supplier to airlines in China.

The jet fuel price is adjusted on the first day of each month to reflect changes in the benchmarking mean prices in Singapore in the previous month. 

($1 = CNY6.37)


By: Amy Sun
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index