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SVR3L market price goes range-bound on meagre supply and tepid demand

Shandong (JLC), June 19, 2025—China’s SVR3L market price went range-bound in June. Traders were reluctant to sell SVR3L given its meagre supply and thin margins. Besides, during the current lull in de

06-19-2025 16:31:31

Synthetic ammonia market sees persistent sluggishness

Shandong (JLC), June 19, 2025--In recent days, China’s synthetic ammonia market experienced downturn amid softening cost, ample supply, and subdued demand.

06-19-2025 14:32:54

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

PetroChina Guangdong’s 98-RON gasoline output surges 27% in May

Guangzhou (JLC), June 18, 2025--PetroChina Guangdong Petrochemical produced about 28,000 mt of national standard 98-RON gasoline in May, surging by 27% month on month, PetroChina said on its news web

06-18-2025 19:03:29

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 SBS unit operating rate up in May

Shandong (JLC), June 18, 2025--In May, the operating rate of SBS producers was 64.57%, up 5.68% month on month and up 18.89% year on year.

06-18-2025 17:14:20

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

China petroleum asphalt output inches down in May

Beijing (JLC), June 18, 2025--China’s petroleum asphalt output totaled around 2.31 million mt in May, down 0.1% from April, but up 7.2% compared with May 2024, according to JLC’s data.

06-18-2025 15:45:46

Analysis on Cote d'Ivoire’s natural rubber exports in Jan-May 2025

Shandong (JLC), June 18, 2025—During January-May 2025, Cote d'Ivoire exported about 629,700 mt of natural rubber, rising by 7.92% year on year. In May 2025, the natural rubber exports from Cote d'Ivoi

06-18-2025 14:58:45

China PTA operating rate and output analysis in May

Shandong (JLC), Jun 18, 2025--The average monthly operating rate of domestic PTA in May was maintained at around 72.95%, and the domestic PTA output in May was approximately 5.89 million mt.

06-18-2025 11:52:00

Crude-driven sentiment boosts PO market

Shandong (JLC), June 18, 2025--In recent days, though surging crude oil prices boosted the propylene oxide (PO) market confidence, PO plants were reluctant to prop up prices amid the soft downstream d

06-18-2025 10:19:25

Sinopec Tianjin to invest in jet fuel transformation project

Guangzhou (JLC), June 17, 2025--Sinopec Tianjin Petrochemical plans to invest 40 million yuan in a jet fuel hydrogenation unit technological transformation project.

06-17-2025 19:04:55

China's economy sustains growth in May

Guangzhou (JLC), June 16, 2025--China's key economic indicators suggested that the economy sustained steady growth in May 2025, according to the National Bureau of Statistics (NBS).

06-16-2025 16:08:09

Chinese refineries’ crude runs extend drop on maintenance in May

Guangzhou (JLC), June 16, 2025--Chinese refineries continued to cut their crude runs in May 2025 because of peak maintenance amid seasonally low fuel demand.

06-16-2025 15:44:54

China's industrial output grows 5.8% in May

Guangzhou (JLC), June 16, 2025--China's value-added industrial output increased by 5.8% year on year in May 2025, according to data released by the National Bureau of Statistics (NBS) on Monday.

06-16-2025 14:53:59

Maoming Bohe Port's 100,000-dwt terminal officially in operation

Guangzhou (JLC), June 13, 2025--Maoming Petrochemical Bohe Port Storage and Transportation's 100,000-dwt oil product terminal received the first oil tanker on May 29.

06-13-2025 18:56:18

MAP prices move sideways amid moderate cost support and soft demand

Shandong (JLC), Jun 13, 2025--China’s monoammonium phosphate (MAP) prices moved sideways amid moderate cost support and soft demand recently.

06-13-2025 17:07:51

May PE output and operating rate both see on-month falls

06-12-2025 18:54:22

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

State-owned refinery run rate drops on maintenance in May

Guangzhou (JLC), June 12, 2025--Chinese state-owned oil refineries' run rate extended drops in May, because of peak refinery maintenance amid average demand.

06-12-2025 11:52:49

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