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State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May 29, 2025--Chinese state-owned oil refineries' run rates fell to a 33-month low in the week ending May 28, still affected by maintenance.

05-29-2025 19:17:33

China's apparent naphtha consumption sets 9-month low

Guangzhou (JLC), May 26, 2025--China's daily apparent consumption of naphtha reached a 9-month low in April 2025, dragged down by lower production and slightly fewer imports.

05-26-2025 18:14:04

China’s gasoline prices inch lower, diesel prices rebound

Guangzhou (JLC), May 16, 2025--China’s wholesale gasoline prices inched lower in mid-May, due to weakening demand, while diesel prices rebounded modestly, bolstered by stronger crude prices.

05-16-2025 16:14:58

State-owned refinery run rates rebound slightly from 28-month low

Guangzhou (JLC), May 9, 2025--Chinese state-owned oil refineries' run rates rebounded slightly in the week ending May 7, after hitting a 28-month low in the previous week.

05-09-2025 14:06:05

Crude stocks at Shandong ports rally on slower consumption

Guangzhou (JLC), May 2, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in late April, as local independent refiners’ consumption slowed down.

05-02-2025 17:42:50

Domestic gasoline and diesel prices inch lower

Guangzhou (JLC), April 25, 2025--China’s wholesale gasoline and diesel prices inched lower in the week to April 25, as more participants held a wait-and-see attitude.

04-25-2025 17:14:37

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

Crude stocks at Shandong ports drop further on low unloading

Guangzhou (JLC), April 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 17, as outbound delivery outpaced relatively low unloading.

04-17-2025 18:51:32

PE market weakens on lower cost, weaker demand

The price index of PE decreased to 7.658 points after the Qingming Holiday, down 3.6% from March 31, according to JLC data, due to the lower cost and weak demand. And the market is predicted to fall f

04-17-2025 17:48:55

Despite lower operating rates, China’s styrene output rises in March

Shandong (JLC), April 15, 2025—China’s styrene units’ operating rates inched down in March, while the output rose due to more natural days.

04-15-2025 17:31:39

China INE crude price growth slows down

Guangzhou (JLC), April 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday amid supply concerns, but the increase slowed down on fea

04-02-2025 18:57:36

China urea exports keep low on legal commodity inspection

03-26-2025 17:58:12

China’s PP market to go range-bound at low positions on multiple factors

Shandong (JLC), March 20, 2025—Recently, China’s PP market had refreshed its record lows amid the sluggish resumption of downstream demand. As of March 19, the offers of mainstream PP raffia were pegg

03-20-2025 17:23:21

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

Low-MI PP copolymer-PP raffia price spread narrows

Shandong (JLC), March 19, 2025—The price spread between low-MI PP copolymer and PP raffia continued to narrow.

03-19-2025 17:32:17

Low PP price drags down recycled PP quotation

03-13-2025 17:52:26

The operating rate of methanol units moves lower in Feb

Shandong (JLC), March 12, 2025—China’s methanol units operating rate slipped due to intensive unexpected shutdowns and run rate reductions.

03-12-2025 16:49:41

Crude stocks at Shandong ports rise amid slow consumption

Guangzhou (JLC), February 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose again in the week ending February 27, as local independent refiners’ consumption was slow.

02-27-2025 18:21:46

PetroChina founds commercial oil reserve company, followed by CNOOC

Guangzhou (JLC), February 26, 2025--PetroChina established a commercial oil reserve company on February 11, while CNOOC followed suit on February 19, according to Tianyancha.

02-26-2025 19:05:37

Crude stocks at Shandong ports rebound from over-two-year low

Guangzhou (JLC), February 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 20, after hitting an over-two-year low.

02-20-2025 18:25:07

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