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China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

China’s fuel oil imports continue to slump in May

Guangzhou (JLC), June 18, 2025--China’s fuel oil imports continued to slump in May, because of slipping demand from domestic refiners and higher import costs.

06-18-2025 18:50:30

China's naphtha imports hit new high in May 2025

Guangzhou (JLC), June 18, 2025--China’s naphtha imports set a new high in May as its demand was growing amid more startup of steam crackers.

06-18-2025 17:05:14

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), June 12, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to June 11 as crude costs rebounded, despite an increase in their sales revenue.

06-12-2025 14:13:35

China's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

Independents find higher refining margins for imported crude

Guangzhou (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Independents’ refining margins for imported crude surge

Guangzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China sees more LPG imports in Apr amid tariff tensions

Beijing (JLC), May 27, 2025—In April 2025, China’s LPG imports totaled 3.15 million mt, up 9.13% month on month and 7.92% year on year, data from the General Administration of Customs of the PRC.

05-27-2025 13:36:52

China’s bonded bunker fuel imports retreat in April

Guangzhou (JLC), May 20, 2025--China’s bonded bunker fuel imports retreated in April, as domestic refiners reduced their purchases for high-sulfur fuel oil (HSFO) when their inventories were relativel

05-20-2025 17:57:12

China's naphtha imports from UAE surge in April

Guangzhou (JLC), May 20, 2025--China’s naphtha imports from the United Arab Emirates (UAE) soared in April when those from Russia plunged.

05-20-2025 17:15:30

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

China’s fuel oil imports tumble in April

Guangzhou (JLC), May 19, 2025--China recorded a year-on-year plunge in its fuel oil imports in April, as domestic refiners’ buying interest was dampened by higher import costs.

05-19-2025 18:04:02

China's April naphtha imports stay close to seven-month high

Guangzhou (JLC), May 19, 2025--China's naphtha imports were largely stable in April 2025, after hitting a seven-month high in March.

05-19-2025 16:02:50

China's April crude imports retreat from 19-month high

Guangzhou (JLC), May 9, 2025--China's crude imports retreated in April 2025, after hitting a 19-month high in March, data from the General Administration of Customs of the PRC (GACC) showed on Friday.

05-09-2025 17:27:35

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

China’s bonded bunker fuel imports continue to grow in March

Guangzhou (JLC), April 23, 2025--China’s bonded bunker fuel imports continued to grow in March, due to tighter domestic supply and lower international bunker fuel prices.

04-23-2025 18:21:48

China's March naphtha imports hit 7-month high

Guangzhou (JLC), April 21, 2025--China's naphtha imports reached a 7-month high in March 2025, according to the data from the General Administration of Customs of the PRC (GACC).

04-21-2025 18:47:13

China’s fuel oil imports plunge in Q1

Guangzhou (JLC), April 21, 2025--China’s fuel oil imports plunged in the first quarter (Q1) of 2025, as independent refiners’ demand slumped amid a hike in the country’s temporary customs duties on i

04-21-2025 16:56:52

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