Price Index Overview

The SNSUC petroleum price index is a comprehensive price indicator system centered on six core categories: fuel oil, lubricants, base oil, asphalt, paraffin wax, and petroleum coke. The index uses January 1, 2025, as the base period (base index = 1000) and is calculated daily based on weighted actual transaction prices at bonded warehouses. Index data is sourced from genuine trade records of SNSUC's proprietary trades and platform listings, offering high market representativeness and reference value.

Category-Specific Price Indices

We provide price indices for six sub-categories: fuel oil price index (with marine fuel and heavy/light fuel sub-indices), lubricants price index (automotive/industrial), base oil price index (Group I/II/III), asphalt price index (road/construction), paraffin wax price index (fully/semi-refined), and petroleum coke price index (low-sulfur/high-sulfur). Each category index supports daily, weekly, and monthly historical data queries.

Price Trends & Forecasting

The price index page provides interactive trend charts with multi-category overlay comparison and customizable time range selection. The system integrates ARIMA time series and LSTM neural network models, generating short-term (7-day/30-day) price forecast ranges based on historical trade data and upstream/downstream industry signals (crude oil prices, shipping costs, bonded warehouse inventory, etc.). Forecast models are regularly back-tested and calibrated for accuracy.

Data Services & Export

KYC-verified corporate clients can view basic price indices (current day and last 30 days). Through one-on-one custom service, enterprises gain full historical data access with CSV/API batch export. Price index data is updated daily at 10:00 AM Beijing time, covering all transactions from the previous trading day. Enterprise clients can customize industry-specific indices and receive weekly or monthly PDF analysis reports.

Shanghai New Shell Union Chemical Co., Ltd. (SNSUC) is a professional petroleum products trading company providing comprehensive services including cross-border trade, digital warehouse receipts, blockchain notarization, and market data. The company holds a business license for petroleum products sales, operating within its registered scope across cross-border trade, digital warehouse receipts, blockchain notarization, and market data.