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State-owned refinery run rates fall for seven weeks straight

Guangzhou (JLC), April 30, 2025--As of the week ending April 30, Chinese state-owned oil refineries' run rates dropped for seven weeks in a row, because of unit maintenance.

04-30-2025 18:56:49

High PE supply leads to price war, structural conflict

The growth of PE capacity wil raise PE supply further, and the high supply will spur the price war and structural suply-demand conflict.

04-30-2025 15:55:49

China's industrial profits grow 0.8% in Q1 2025

Guangzhou (JLC), April 27, 2025--Profits of China's major industrial firms increased 0.8% year on year in the first quarter (Q1) of 2025, reversing a 0.3% decrease in the first two months, data from t

04-27-2025 14:31:58

China n-butanol imports surge in March on supply constraints

Shandong (JLC), April 22, 2025--China's n-butanol imports saw a significant increase in March 2025 according to the General Administration of Customs of the PRC. This was mainly due to the fact that d

04-22-2025 11:13:00

Construction of Liuheng LNG terminal outbound pipeline starts

Beijing (JLC), April 21, 2025--PipeChina commenced construction of Liuheng LNG terminal outbound pipeline project on April 16, according to market sources.

04-21-2025 14:04:56

State-owned refinery run rates slip for fifth straight week

Guangzhou (JLC), April 18, 2025--Chinese state-owned oil refineries' run rates continued to fall this week, the fifth decline in a row, as more refineries started maintenance.

04-18-2025 14:45:51

Construction of PetroChina Rudong Phase III wharf starts

Beijing (JLC), April 17, 2025--PetroChina Jiangsu LNG Co., Ltd. and GCL Huidong LNG Rudong Co., Ltd. started the construction of the wharf of PetroChina Rudong LNG terminal Phase III project.

04-17-2025 17:58:47

China’s ABS industry operating rate remains high on favorable margins

Shandong (JLC), April 17, 2025—Despite tariff fluctuations and weakening demand, China’s ABS producers maintained high operating rates supported by healthy profitability.

04-17-2025 17:46:30

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

China INE crude price records fifth straight drop

Guangzhou (JLC), April 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, the fifth decrease in a row, due to an escalating tra

04-10-2025 19:31:42

Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

China's industrial profits down 0.3% in first two months

Guangzhou (JLC), March 27, 2025--Profits of China's major industrial firms decreased 0.3% year on year in the first two months of 2025, data from the National Bureau of Statistics (NBS) showed Thursda

03-27-2025 14:42:31

US Administration imposes sanctions on Luqing Petrochemical

03-26-2025 17:56:03

Plunge in MX price has impacts on its industrial chain

Shandong (JLC), March 19, 2025—The recent decline in China’s MX market prices has resulted in variations in relations between it and its upstream & downstream markets. For instance, the narrowing spre

03-19-2025 17:12:27

Key index reveals rising infrastructure investment in China

Guangzhou (JLC), March 14, 2025 -- China's construction machinery operation rate climbed to 37.38% in the first two months of 2025, up 2.91 percentage points year on year.

03-14-2025 14:37:56

China PP industry suffers pressure of oversupply

China PP capacity rose fast, but the downstream demand saw insufficient increase. The oversupply pressure weighed on the PP market more significantly

03-11-2025 18:06:13

China INE crude price picks up after four straight drops

Guangzhou (JLC), March 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rally on the last working day of this week after four consecutive

03-07-2025 19:04:44

China’s fuel prices drop for five straight weeks

Guangzhou (JLC), March 7, 2025--China’s wholesale gasoline and diesel prices extended drops in the week ending March 7, the fifth drop in a row, because of falling crude prices, lackluster gasoline d

03-07-2025 18:12:46

China unveils resilient growth target with strong policy support

Guangzhou (JLC), March 6, 2025--China has set an economic growth target of around 5 percent for 2025, reflecting a sound economic outlook despite increasing global uncertainties.

03-06-2025 18:44:55

China INE crude price rallies after five straight declines

Guangzhou (JLC), February 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rebound on Friday after consecutive declines over the past fiv

02-28-2025 19:00:01

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