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Gas injection into Jidong Oilfield UGS cluster exceeds 2 bcm

Shandong (JLC), August 27, 2026—As of August 22, PetroChina Jidong Oilfield Company has injected over 2 billion cubic meters (bcm) of natural gas into its Nanpu 1 and Baogu 2 underground gas storage (

08-27-2026 17:54:52

China PP prices rise in August as supply tightness and costs support

Shandong (JLC), August 27, 2026—China’s PP prices fluctuated higher in August on supply tightness and cost support. September may see further slight gains, though unit restarts and hand-to-mouth

08-27-2026 16:03:19

Khorgos gas station delivers over 600 bcm of natural gas

Beijing (JLC), August 26, 2026—As of August 22, the Khorgos gas compression station of PipeChina West Pipeline Company has cumulatively delivered over 600 billion cubic meters (bcm) of natural gas.

08-26-2026 17:28:36

PTA industry sees lower social inventory and widening basis

Shandong (JLC), August 26, 2026—In China, PTA supply remained tight due to relatively low operating rates, which reached as low as 51.08% on August 8, amid concentrated unit maintenance and production

08-26-2026 14:54:20

China’s gas-fueled heavy truck sales tumble 48% MoM in July

Shandong (JLC), August 25, 2026—Sales of natural gas-fueled heavy-duty trucks produced by China’s manufacturers totaled 6,188 units in July, plummeting by 48% from a month earlier and 56% year on year

08-25-2026 17:54:26

China PX rally fades as supply grows

Shandong (JLC), August 25, 2026--In the week ending August 21, China’s PX market rallied strongly from early August, with the front-month futures contract climbing by 9.7% to a peak of CNY8,394/mt.

08-25-2026 17:48:51

LLDPE holds range-bound as low inventory and supply cuts underpin prices

Shandong (JLC), August 25, 2026--Geopolitical tensions in the Middle East did not show any clear signs of easing, and LLDPE futures and spot prices remained range-bound at elevated levels. Current mar

08-25-2026 15:13:41

China's daily apparent gasoline consumption hits 43-month low

Guangzhou (JLC), August 21, 2026--China's daily apparent consumption of gasoline dropped to a 43-month low in July 2026, when exports skyrocketed and output remained low.

08-21-2026 17:39:11

China's gasoline and diesel prices extend rises

Guangzhou (JLC), August 21, 2026--China's wholesale gasoline and diesel prices extended rises in the week to August 21, due to multiple factors.

08-21-2026 17:22:03

Bayan Oilfield's crude railway delivery surpasses 4 mln mt

Guangzhou (JLC), August 19, 2026--On August 11, Bayan Oilfield, operated by Huabei Oilfield, saw its cumulative crude oil delivery by railway exceed 4.0 million mt, PetroChina reported.

08-19-2026 17:12:56

China INE crude price extends gains as hopes of US-Iran deal fade

Guangzhou (JLC), August 18, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Tuesday as prospects for a peace agreement between the US and

08-18-2026 19:05:32

China’s environmental code shows limited near-term impact on recycled plastics spot prices

Shandong (JLC), August 18, 2026--China’s Ecological and Environmental Code entered into force on August 15, though spot prices for most recycled plastic grades were flat on August 17.

08-18-2026 17:41:00

China PP supply recovery to cap price rally as maintenance units restart

Shandong (JLC), August 13, 2026—China’s PP prices are likely to retreat from recent highs as restarting maintenance units and weak downstream demand loosen the supply-driven rally.

08-13-2026 17:16:00

Asian PTA prices fluctuate higher in Jul

Shandong (JLC), August 13, 2026--Asian PTA markets fluctuated higher in July 2026, though trading remained thin and the monthly average fell from June.

08-13-2026 14:09:00

China INE crude surges as hopes of Hormuz reopening dwindle

Guangzhou (JLC), August 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday amid diminishing prospects of a US-Iran deal to reopen th

08-11-2026 18:52:16

Bozhong 19-6 gas field Phase I enters full operation

Beijing (JLC), August 10, 2026—The first phase of Bozhong 19-6 gas field development project has entered full operation, with a daily output surpassing 5,200 mt of oil equivalent.

08-10-2026 17:59:43

Crude stocks at Shandong ports surge due to capacity increase

Guangzhou (JLC), August 6, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose significantly in the week ending August 6 due to an increase in the total storage capacity and

08-06-2026 19:09:43

China INE crude price drops amid easing supply concerns

Guangzhou (JLC), August 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday amid hopes of a resumption of shipping through the Strait of Hormuz.

08-04-2026 19:01:26

Sinopec Jinan starts export of lubricant base oil processed with supplied materials

Guangzhou (JLC), August 3, 2026--Sinopec Jinan Refining & Chemical completed the loading and dispatch of its first batch of high-viscosity Group II No. 10 lubricant base oil in late July, destined for

08-03-2026 17:01:37

China’s gas-fueled heavy truck sales plunge 15% MoM in June

Shandong (JLC), July 30, 2026—China’s manufacturers sold 11,800 natural gas-fueled heavy-duty trucks in June, slumping by 15% month on month and 12% year on year, according to market sources.

07-30-2026 16:32:13

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