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China INE crude price dips technically, despite U.S. strikes on Iran

Guangzhou (JLC), June 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical decline on Monday after three consecutive gains, despite U.S. airs

06-23-2025 19:08:15

Indian BIS certification extension to keep China’s PVC exports decent

Shandong (JLC), June 23, 2025--The BIS certification policy for PVC imports in India has been extended again, which will help China maintain its strong PVC export momentum in the following months.

06-23-2025 18:35:24

China records larger on-year rise in fuel oil output in May

Guangzhou (JLC), June 23, 2025--China recorded a much larger year-on-year rise in its fuel oil output in May, mainly due to a low base in May 2024.

06-23-2025 17:42:42

China's May apparent kerosene consumption tumbles on year

Guangzhou (JLC), June 23, 2025--China's apparent consumption of kerosene slumped year on year in May 2025 because of lower production and higher exports.

06-23-2025 17:29:06

China's May apparent diesel consumption hits 33-month low

Guangzhou (JLC), June 23, 2025--China's daily apparent consumption of diesel fell to a 33-month low in May 2025, in line with decreasing production.

06-23-2025 17:27:25

China's apparent gasoline consumption falls 9.4% in May

Guangzhou (JLC), June 23, 2025--China's apparent consumption of gasoline dropped by 9.43% year on year in May 2025, owing to less output.

06-23-2025 17:20:44

China’s PDH unit operating rate goes up

Beijing (JLC), June 23, 2025--The overall operating rate of China’s PDH units rose by 4.16 percentage points to 69.20% in the week ending June 19 (Thursday), JLC’s data showed.

06-23-2025 16:54:11

China INE crude price continues rising

Guangzhou (JLC), June 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday due to the possibility of U.S. involvement in the Iran-Israe

06-20-2025 18:51:23

China’s 2025 compound fertilizer industry sees growth, competition, green shift

Shandong (JLC), Jun 20, 2025--China’s compound fertilizer industry in 2025 sees capacity growth, intense market competition, and a policy-driven shift to high-efficiency eco-friendly fertilizers.

06-20-2025 17:50:31

China tallies big drops in gasoline and diesel output in Jan-May

Guangzhou (JLC), June 20, 2025--China tallied a plunge in its gasoline and diesel output in the first five months of 2025 when fuel demand was shrinking amid increasing use of alternative energy.

06-20-2025 17:39:33

China's fuel prices rise for four consecutive weeks

Guangzhou (JLC), June 20, 2025--China's wholesale gasoline and diesel prices rose again in the week ending June 20, the fourth week in a row, tracking a surge in crude prices.

06-20-2025 15:13:20

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

China INE crude price rises further on large US crude stock draw

Guangzhou (JLC), June 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Thursday after the Energy Information Administration (EIA) reported

06-19-2025 19:06:59

Sinopec founds new petrochemical company in Tianjin

Guangzhou (JLC), June 19, 2025--Sinopec established a new petrochemical company in Tianjin City's Binhai New Area on June 16, 2025, according to Qichacha, an online database of Chinese companies.

06-19-2025 18:43:58

Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

State-owned refinery run rate extends rises on restart

Guangzhou (JLC), June 19, 2025--Chinese state-owned oil refineries' run rates extended rises in the week ending June 18, as Sinopec Tianjin Petrochemical restarted a CDU.

06-19-2025 18:20:54

China’s PP supply pressure eases on lower operating rate

Shandong (JLC), June 19, 2025--In the first half of 2025, the operating rate in China’s PP industry fluctuated downwards, with an average rate of 76.22%.

06-19-2025 16:54:04

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

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

Wenjisang UGS cluster takes in over 300 mln cbm of gas this year

Shandong (JLC), June 19, 2025--PetroChina Tuha Oilfield Company injected more than 300 mln cbm (million cubic meters) of natural gas into Wenjisang underground gas storage (UGS) cluster this year.

06-19-2025 14:57:00

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