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China INE crude price slips again after rate hikes in Europe

Guangzhou (JLC), February 3, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) fell further Friday on continued large interest rate hikes by European Central Ban

02-03-2023 19:19:44

China’s fuel prices still rise on average after holiday

Guangzhou (JLC), February 3, 2023--China’s fuel prices still rose on average after the Chinese New Year holiday, as a result of a further increase in gasoline demand and an expected hike in the countr

02-03-2023 19:06:13

China to raise fuel ceilings on February 4

Guangzhou (JLC), February 3, 2023--China will mark up the price ceilings of gasoline and diesel on February 4, 2023, due to rises in international crude prices in the previous 10 working days.

02-03-2023 18:23:07

LNG prices in Inner Mongolia grow

Beijing (JLC), February 3, 2023--As of January 31, mainstream LNG deal prices in northern China’s Inner Mongolia averaged CNY5,800-6,200/mt, up CNY300/mt from the prior day, JLC data showed.

02-03-2023 18:15:03

Shandong independents’ run rates extend gains in Jan on recovering demand

Guangzhou (JLC), February 3, 2023--Shandong-based independent refiners’ operating rates edged up in January, because of recovering fuel demand and improving refining margins.

02-03-2023 17:13:10

China butyl rubber prices show ups and downs in 2022

Shandong (JLC), February 3, 2023--China butyl rubber prices showed ups and downs in 2022 due to changes in feedstock prices and downstream demand.

02-03-2023 17:11:15

China raises acetone imports in 2022

Shandong (JLC), February 3, 2023--Acetone imports in China increased in 2022, as falling domestic supply resulting from unit maintenance spurred importers’ buying interest for imported cargoes.

02-03-2023 17:07:29

Butyl rubber imports, exports both down in Dec

Shandong (JLC), February 3, 2023--China butyl rubber imports declined in December on a month-and-month and year-on-year comparison, and the product exports performed the same trend.

02-03-2023 17:04:41

Sinopec Hainan's new ethylene unit nears full operation

Shandong (JLC), February 3, 2023--Sinopec Hainan Refining and Chemical expects to achieve the whole industry chain production at its new 1.0 million mt/yr ethylene unit by February 15, the company sa

02-03-2023 17:00:59

State-owned oil companies’ refinery run rates remain stable after holiday

Guangzhou (JLC), February 2, 2023--State-owned oil companies kept their refinery run rates stable after the public holiday in late January, when no refineries came back online or offline.

02-02-2023 23:40:16

China INE crude price slips on stronger yuan

Guangzhou (JLC), February 2, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued to fall on Thursday after an appreciation in Chinese currency.

02-02-2023 20:16:08

Crude stocks at Shandong ports drop on faster consumption

Guangzhou (JLC), February 2, 2023--The crude stocks at Shandong ports dropped in the two weeks to February 2, as local refiners’ consumption grew and they delivered more feedstock out of local ports.

02-02-2023 20:14:30

Shandong independents to expand crude imports in Feb

Guangzhou (JLC), February 2, 2023--Shandong-based independent refiners are likely to boost their crude imports in February, encouraged by growing oil product demand and China’s release of the first tw

02-02-2023 19:03:03

State-owned oil companies lower January refinery run rates modestly

Guangzhou (JLC), February 2, 2023--Chinese state-owned oil companies lowered their refinery operating rates in January 2022 when domestic diesel demand was seasonally weak around the Chinese New Year.

02-02-2023 18:41:54

China’s apparent kerosene consumption drops faster in 2022

Guangzhou (JLC), February 2, 2023--China’s apparent kerosene consumption descended faster in 2022, when domestic kerosene demand took a greater hit from the virus.

02-02-2023 18:14:45

China sees much higher growth in 2022 apparent diesel consumption

Guangzhou (JLC), February 2, 2023--China recorded a higher increase in its apparent diesel consumption for 2022, as Chinese refiners continued to boost their diesel production on a lesson learned from

02-02-2023 18:13:48

China’s apparent gasoline consumption falls 5.4% in 2022

Guangzhou (JLC), February 2, 2023--China’s apparent consumption of gasoline dropped by 5.4% year on year in 2022, as domestic demand was hit hard by frequent outbreaks of Omicron.

02-02-2023 18:12:34

Dec dry-grade SBS imports drop, while exports rise

Shandong (JLC), February 2, 2023--Dry-grade SBS imports declined in December, while exports of the product moved down.

02-02-2023 15:37:35

China VAC prices may move lower in 2023

Shandong (JLC), February 2, 2023--China VAC prices may move down on the whole in the year amid rising capacity and weak cost support.

02-02-2023 15:35:22

PTA market oversupply to continue in following three years

Shandong (JLC), February 2, 2023--PTA market will be still in oversupply during 2023-2025, as the capacity growth of PTA industry will outpace that of downstream polyester sector.

02-02-2023 15:33:06

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