In part I, we investigated some behavior of copper- potassium promoted iron catalyst for the synthesis of hydrocarbon from hydrogen and carbon monoxide, with particular attention to the influence of reaction temperature, operating pressure, space velocity, H2/CO ratio in feed gas and particle size of catalyst on CO conversion. In this part, more attention was paid to the whole product distribution, such as wax, oil, oxygenate and the composition of oil and oxygenate. It is seen that the operating conditions greatly affect the whole product distribution and its composition. In part I, we investigated some behavior of copper-potassium promoted iron catalyst for the synthesis of hydrocarbon from hydrogen and carbon monoxide, with particular attention to the influence of reaction temperature, operating pressure, space velocity, H2 / CO ratio in feed gas and particle size of catalyst on CO conversion. In this part, more attention was paid to the whole product distribution, such as wax, oil, oxygenate and the composition of oil and oxygenate. It is seen that the operating conditions greatly affect the whole product distribution and its composition.