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China INE crude price slips after US oil rig count rises

Guangzhou (JLC), March 27, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday, after the US oil rig count increased.

03-27-2023 18:49:40

PetroChina Huabei Petchem starts up new crude unloading project

Guangzhou (JLC), March 27, 2023--PetroChina Huabei Petrochemical in Hebei province started operating a 1.50 mln mt/yr train unloading project for crude oil on March 25, the company said.

03-27-2023 18:03:16

NORINCO and Aramco to start building JV project in Q2 2023

Guangzhou (JLC), March 27, 2023--China North Industries Group Corporation (NORINCO) and Saudi Aramco are expected to start building their joint-venture refinery in Northeast China in Q2 2023.

03-27-2023 16:48:04

Jinxi Petrochemical’s LSFO output and sales reach new high

Guangzhou (JLC), March 24, 2023 – PetroChina Jinxi Petrochemical Co., Ltd. has hiked its output and sales of low-sulfur fuel oil a new high.

03-24-2023 19:11:55

China INE crude price inches higher on strong US jobs data

Guangzhou (JLC), March 24, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Friday, as encouraging US employment data counteracted a possible oversu

03-24-2023 18:26:58

Domestic fuel prices extend drops on weak crude

Guangzhou (JLC), March 24, 2023--Domestic gasoline and diesel prices extended drops this week, tracking a further decline in international crude prices, despite fair fuel demand.

03-24-2023 18:00:39

Hengli (Huizhou)’s PTA unit achieves on-spec products

Shandong (JLC) March 23, 2023--Private Hengli Group brought online its 2.50 million mt/yr PTA unit in Huizhou Industrial Park, Guangdong Province on March 18 and enjoyed on-specification products the

03-24-2023 17:21:51

PetroChina Guangdong Petrochemical ramps up crude runs

Guangzhou (JLC), March 24, 2023--PetroChina Guangdong Petrochemical has ramped up the crude runs at its new Jieyang refinery this year, particularly since it started operating the other CDU.

03-24-2023 16:18:20

Shandong independents to boost crude imports in March

Guangzhou (JLC), March 24, 2023--Shandong-based independents are likely to boost their crude imports in March, because of recovering domestic fuel demand and the unloading of some delayed cargoes.

03-24-2023 10:14:04

State-owned oil refinery run rates extend drops on maintenance

Guangzhou (JLC), March 23, 2023--State-owned oil companies cut their refinery run rates further in the week to March 22 (Wednesday), due to refinery maintenance.

03-23-2023 21:50:00

China INE crude price rises further after large US product stock draw

Guangzhou (JLC), March 23, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to climb on Thursday, after reports of a large drawdown in the US product

03-23-2023 19:06:33

China’s MTBE exports surge in first two months

Guangzhou (JLC), March 23, 2023--China recorded a sharp surge in its MTBE exports in the first two months of this year, because of better export margins and delayed customs declaration of some cargoe

03-23-2023 18:58:59

China alkylate market down on lower costs in Mar

Guangzhou (JLC), March 23, 2023--China's alkylate market displayed an overall downtrend in March 2023 as feedstock costs moved lower, and also because of sluggish demand.

03-23-2023 18:24:07

China’s bonded bunker imports hit new low in Jan-Feb 2023

Guangzhou (JLC), March 23, 2023 – China’s bonded bunker fuel imports plummeted to a new low in the first two months of 2023

03-23-2023 18:01:13

Polyester staple fiber prices remain low, despite high costs

Shandong (JLC), March 23, 2023—China’s polyester staple fiber prices maintained low levels amid weak demand and low processing fees, despite high costs.

03-23-2023 17:44:49

Review of PDH development in China in 2020-2022

2020-2022 were the three years when China's PDH market grew rapidly, following healthy PDH margins in the previous years. As of 2022, about half of the imported LPG in China was consumed by chemical s

03-23-2023 17:44:00

China POY imports in Jan-Feb see rise on year

03-23-2023 16:52:22

Compound fertilizer prices fall on weak demand

The dealing price of compound fertilizer decreased at the beginning of the summer market in 2023, as the trading atmosphere was not good in the spring market and the demand was limited.

03-23-2023 16:49:30

China Jan-Feb isopropanol imports up 81.9% YoY

Shandong (JLC), March 23, 2023--According to data from General Administration of Customs of PRC, domestic isopropanol imports rose sharply by 81.9% over January-February 2023 from the same period last

03-23-2023 16:10:29

Crude stocks at Shandong ports rally on more cargoes

Guangzhou (JLC), March 23, 2023--The crude stocks at Shandong ports rebounded in the week to March 23, as more cargoes were unloaded and local independent refiners’ consumption slowed down further.

03-23-2023 15:55:52

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