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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

Crude stocks at Shandong ports drop modestly

Guangzhou (JLC), May 29, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending May 29, JLC's data shows.

05-29-2025 19:08:58

China INE crude price rebounds after court blocks Trump’s tariffs

Guangzhou (JLC), May 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) bounced back on Thursday after a U.S. trade court blocked President Donald Trump’s tar

05-29-2025 18:40:31

Independents’ refining margins for imported crude surge

Guangzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China PE capacity to surge in 2025

Shandong (JLC), May 29, 2025--China’s PE producers are set to commission new units with a combined capacity of 7.08 million mt/yr throughout 2025. If all these units start up as scheduled, the country

05-29-2025 14:28:51

China’s main gas pipeline network transports over 1 trillion cbm of natural gas

Shandong (JLC), May 29, 2025--China’s main natural gas pipeline network has delivered over 1 trillion cbm of natural gas since PipeChina took over the country’s oil and gas pipelines in 2020.

05-29-2025 14:06:04

China’s BPA imports & exports down in Apr

Shandong (JLC), May 29, 2025—In April, China’s bisphenol A (BPA) imports witnessed an evident decline both on month and on year, primarily due to a significant increase in its supply over the past pre

05-29-2025 13:59:08

CSSC Jiangnan Shipyard delivers another LNG carrier

Shandong (JLC), May 29, 2025--CSSC Jiangnan Shipyard (Group) Co., Ltd. delivered a 175,000-cbm LNG carrier, AL RAHBA, the company announced on May 26.

05-29-2025 13:56:58

China epoxy resin imports stable in Apr

Shandong (JLC), May 29, 2025—China's epoxy resin imports in April 2025 remained stable from last month, according to data from the General Administration of Customs of PRC.

05-29-2025 00:00:00

China’s apparent fuel oil consumption increases in April

Guangzhou (JLC), May 28, 2025--China’s apparent consumption of fuel oil increased month on month in April, because of surging imports, despite higher exports and lower output.

05-28-2025 19:16:53

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

Shandong independents' run rates drop for nine weeks in a row

Guangzhou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

Wanhua Chemical to shut phase-I ethylene plant for renovation

Guangzhou (JLC), May 28, 2025--Wanhua Chemical plans to halt production at its phase-I ethylene plant for technical renovation as from June 3, 2025, the company announced on May 23.

05-28-2025 19:11:57

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

Zhongjing Petrochemical’s new PDH comes online

Beijing (JLC), May 27, 2025--Fujian Zhongjing Petrochemical’s third PDH unit, with a production capacity of 900,000 mt/yr, was put into operation on May 15.

05-28-2025 18:18:59

China’s Apr BOPP imports up but exports down on month

Shandong (JLC), May 28, 2025—According to data from the General Administration of Customs of PRC (GACC), in April, BOPP imports increased but exports declined.

05-28-2025 17:31:54

China’s urea export resumption to pressure global prices

Shandong (JLC) ,May 28, 2025--China will resume urea exports to global markets from June 2025 onward, which could potentially dampen the ongoing upward trend in prevailing prices.

05-28-2025 17:25:36

China Apr NBR imports & exports analysis

Shandong (JLC), May 28, 2025--China’s NBR imports totaled 7,700 mt in April 2025, up by 8.43% month on month (MoM), and 16.44% year on year (YoY). Meanwhile, exports stood at 2,000 mt, a decline of 7.

05-28-2025 17:07:22

China's PTA exports see great rises in Apr

Shandong (JLC), May 28, 2025--China's PTA exports in April 2025 amounted to 391,700 mt according to the General Administration of Customs of the PRC (GACC), an increase of 101,900 mt from the previous

05-28-2025 17:07:00

China SBS output increases in May, but Q3 cuts likely on weak demand

Shandong (JLC), May 28, 2025--The SBS planning output in May was 76,800 mt, representing a 7.95% increase month on month. Producers intended to reduce SBS output in the third quarter.

05-28-2025 17:05:20

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