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China INE crude price rallies after OPEC+ extends output cuts to Q2

Guangzhou (JLC), March 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after OPEC+ announced extensions of output cuts into the second q

03-04-2024 18:01:46

SOEs' refinery maintenance to peak in Q2 2024

Guangzhou (JLC), January 16, 2024--State-owned enterprises' (SOEs) refinery maintenance in 2024 will peak in the second quarter (Q2), according to oil giants' plans.

01-16-2024 17:19:31

NORINCO and Aramco to start building JV project in Q2 2023

Guangzhou (JLC), March 27, 2023--China North Industries Group Corporation (NORINCO) and Saudi Aramco are expected to start building their joint-venture refinery in Northeast China in Q2 2023.

03-27-2023 16:48:04

China’s alkylate prices fluctuate on diverse forces in Q2

China’s alkylate prices were volatile during the second quarter of 2022 (Q2).

07-01-2022 19:42:55

Domestic asphalt output to grow in Q2 as demand recovers

The overall domestic asphalt output in the second quarter of 2022 (Q2) is expected to rise on the upcoming recovery of solid demand but to be constrained by both rainy weather and policy.

04-08-2022 19:51:40

China independent refineries’ crude throughput drops in Q2

Beijing (JLC), July 29, 2021--China independent refineries’ crude throughput dropped in the second quarter (Q2) of 2021, as a result of the arrival of the peak maintenance season.

07-29-2021 13:41:23

Update: China oil products' export quota to be tight in Q2

Beijing (JLC), April 25, 2021--Chinese refiners are likely to have limited export quotas for oil products in the second quarter, due to relatively high exports in March, JLC research showed.

04-25-2021 11:42:09

China oil products' export quota is ample in Q2

Beijing (JLC), April 15, 2021--Chinese refiners have abundant export quotas for oil products in the second quarter, due to the relatively low levels in May and June, despite higher exports for April against March, JLC research showed.

04-15-2021 13:48:32

China’s energy consumption recovers fast in Q2

China’s energy consumption and production recovered fast in the second quarter (Q2) of 2020 as the country pushed forward with the resumption of work and production while taking necessary measures against the coronavirus, the National Energy Administration (NEA) said on its website on July 17.

07-20-2020 15:49:39

China's economy grows 3.2% in Q2, reversing drop in Q1

China's economy rebounded in the second quarter (Q2) of 2020 as the country resumed more work and production after effectively containing the COVID-19 epidemic, official data showed on Thursday.

07-17-2020 14:32:13

Haiyou Petrochemical to resume in Q2

Independent refinery Rizhao Haiyou Petrochemical Co. Ltd. in Shandong plans to resume in the second quarter, refinery source said.

03-13-2019 16:56:32

S. China LPG market warms up in Q2 2018

After the plunge in the first quarter, LPG market in South China warmed up in the second quarter of 2018, though the prices fell larger than the increase overall.

07-06-2018 10:24:31

LPG prices in North China surge in Q2

Residential LPG prices kept rising since April and reached CNY4,300/mt and CNY4,450/mt in Hebei and Henan respectively as of May 16th.

05-17-2018 16:23:23

N-butane prices rise in Q2, 2018

N-butane market climbed during April and May 2018, as is shown in the chart

05-16-2018 17:07:19

PDH units keeps lucrative in Q2 2017

Data from JLC showed that profit of PDH units averaged CNY1,451/mt in the second quarter of 2017, down 20.45% from Q 1. Compared with iso-butane dehydrogenation units and mixed alkane dehydrogenation units, PDH units still kept high profit.

07-07-2017 11:15:11

Oil products prices would see further increases in Q2 2017

In 2017, China oil products prices slid to the lowest levels but rallied again in April, during which time the oil products retail prices experienced up-adjustments three times, down-adjustments three times and suspending one time.

04-26-2017 14:18:04

Coal prices in Q2 may continue dropping

Coal market stepped into the traditional slack season in the second quarter of 2017. With the end of heating season and hydropower output, thermal coal demand reduced and the tight supply situation will be eased. The 25-day maintenance of Daqin railway will prop up coal prices.

04-24-2017 13:39:07

Yangquan Coal set Q3 raw coal purchase price flat with Q2

Yangquan Coal set purchase prices for raw coal from No. 3 and No. 5 mines under Yangquan Coal Industry Group at CNY180/mt (excluding washing loss) for the third quarter, flat with Q2 prices and declining by CNY50/mt or 21.7% on the year.

07-20-2016 11:35:35

Partial null factors depressed MTBE expectations in Q2

Since Q2 2016, economic growth slowed both in domestic and international market, domestic gasoline market weakened which influenced MTBE market.

07-11-2016 15:29:25

Positive factors improved blended gasoline profitability in Q2

In Q2 2016, international crude futures moved upwards which broke $40/bbl in April, domestic refined oil retail prices experienced four-consecutive-rise. Trading atmosphere was improved under the support of good news in domestic blended oil market.

07-11-2016 11:33:43

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