Energy report, Chemical report,News & Commentary, Market Price, JLC database

China INE crude price up on easing economic concerns

Guangzhou (JLC), June 2, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, after the passage of the US debt ceiling bill eased concerns.

06-02-2023 19:16:32

Shenghong to add POE unit in new deep-processing project

Guangzhou (JLC), June 2, 2023 – Jiangsu-based independent chemical producer Shenghong has signed a deal with the local government for its olefin industry chain project.

06-02-2023 18:58:24

Capacity boost converts China’s PE import and export trends

China PE capacity has kept growing in the past 10 years, converting China’s import and export trends since 2020.

06-02-2023 16:20:35

PetroChina and Sinopec cut May crude runs on maintenance

Guangzhou (JLC), June 2, 2023--PetroChina and Sinopec both cut their crude runs in May 2023, because of more refinery maintenance, according to these two companies' plans.

06-02-2023 15:09:46

Shandong independents to boost feedstock imports in June

Guangzhou (JLC), June 2, 2023--Shandong-based independent refiners and traders are likely to boost their feedstock imports in June, as their consumption will increase amid growing gasoline demand.

06-02-2023 14:54:25

State-owned refiners lower May run rates modestly on maintenance

Guangzhou (JLC), June 2, 2023--Chinese state-owned oil companies lowered their refinery operating rates modestly in May 2023, due to more refinery maintenance.

06-02-2023 11:18:36

China INE crude price moves lower on US crude inventory build

Guangzhou (JLC), June 1, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended drops on Thursday, after data reported a buildup in US crude.

06-01-2023 19:31:40

State-owned oil refinery run rates extend gains on unit restarts

Guangzhou (JLC), June 1, 2023--State-owned oil refineries’ run rates extended gains in the week to June 1, because of unit restarts after maintenance.

06-01-2023 19:04:04

Sinopec to form Hunan Petrochemical for integrated project

Guangzhou (JLC), June 1, 2023 – Sinopec has formed an organizing committee for the newly-proposed Hunan Petrochemical, a new entity to be established by integrating Sinopec’s Baling Petrochemical and

06-01-2023 18:46:32

Crude stocks at Shandong ports grow on more storage capacity

Guangzhou (JLC), June 1, 2023--The crude stocks at Shandong ports grew in the week to June 1, due to the coverage of more tanks involved in JLC research.

06-01-2023 18:13:14

Zhangye LNG storage center phase II started

Beijing (JLC), June 1, 2023--Zhangye Development Investment Group Co., Ltd. kicked off the second phase of its LNG storage center in China’s northwestern Gansu province on May 26, a local media said.

06-01-2023 17:35:45

BP partners up with Zhejiang Energy for trucked LNG in China

Guangzhou (JLC), June 1, 2023 – BP has signed a JV contract with a subsidiary of state-owned Zhejiang Energy for the sales of trucked LNG in China.

06-01-2023 15:15:42

LNG output dips in May on maintenance

Beijing (JLC), June 1, 2023--China’s LNG output declined in May due to concentrated maintenance of LNG plants, JLC research showed.

06-01-2023 13:48:52

PetroChina begins drilling China’s first over-10,000-meter-deep well

Guangzhou (JLC), May 31, 2023 – PetroChina has begun drilling China's first scientific exploration well with a designed depth of 11,100 meters in the Tarim Oilfield.

05-31-2023 19:00:43

Domestic gasoline and diesel prices to diverge in June

Guangzhou (JLC), May 31, 2023--Domestic gasoline prices are expected to gain momentum in June, supported by growing demand, while diesel prices tend to slip on a potential decrease in demand.

05-31-2023 18:43:40

China's naphtha prices down in May on flat demand

Guangzhou (JLC), May 31, 2023--China's naphtha market weakened in May because of lukewarm demand and lower crude prices.

05-31-2023 18:41:18

Independents’ refining margins for imported crude rally

Guangzhou (JLC), May 31, 2023--Shandong-based independents’ refining margins for imported crude rallied in the last week of May, buoyed by a modest increase in sales revenue.

05-31-2023 18:40:15

China INE crude price drops on weak economic data from China

Guangzhou (JLC), May 31, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Wednesday, after the release of weak economic data from China.

05-31-2023 18:28:27

Shandong independents’ run rates extend drops on tight feedstock

Guangzhou (JLC), May 31, 2023--Shandong-based independent refiners’ operating rates extended declines in late May, as some refiners still face tight feedstock and lowered their throughput.

05-31-2023 18:03:31

China PE prices to seesaw in June on weak fundamentals

Shandong (JLC), May 31, 2023—China’s PE prices moved down in May and may sustain weakness in June.

05-31-2023 17:41:54

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China