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Shandong independents’ feedstock unloading decreases in Nov

Guangzhou (JLC), December 5, 2024--Shandong-based independent refiners reduced their unloading of imported feedstock in November, due to relatively sluggish oil product demand and bad refining margin

12-05-2024 18:58:34

China’s bonded bunker exports decrease in August

Guangzhou (JLC), September 23, 2024--China’s bonded bunker fuel exports decreased in August, due to lower domestic production and ship congestion at Zhoushan Port.

09-23-2024 18:45:03

Independents’ refining margins for imported crude decrease

Guangzhou (JLC), February 21, 2024--Shandong-based independents’ refining margins for imported crude dropped after the Chinese New Year holiday, due to a rally in crude costs, despite an increase in

02-21-2024 18:55:46

Independents’ crude imports to decrease in Nov-Dec

Guangzhou (JLC), November 10, 2023--Shandong-based independent refiners and traders are likely to see a decrease in their crude imports in November-December, due to tight import quotas.

11-10-2023 17:01:14

China's apparent consumption of petroleum asphalt decreases in March

Guangzhou (JLC), April 23, 2023--China’s apparent consumption of petroleum asphalt declined in March 2023 due to continuous drops in output and imports.

04-27-2023 16:58:47

Shandong independents’ refining margins rally as costs decrease

Guangzhou (JLC), March 15, 2023--Shandong-based independents’ refining margins for imported and domestic crude rallied this week, as crude costs decreased amid bearish factors.

03-15-2023 18:11:31

Independents’ refining margins for imported crude triple amid cost decrease

Guangzhou (JLC), December 14, 2022--Shandong-based independents’ refining margins for imported crude more than tripled this week as import costs extended drops.

12-14-2022 18:48:32

China’s LPG imports decrease in November

Beijing (JLC), January 4, 2021--China imported roughly 1.76 million mt of LPG in November, slightly down by 1.89% month on month but up by 1.1% from a year ago, data from the General Administration of Customs of China (GAC) showed.

01-04-2021 10:54:32

MTBE unit prices plunge followed by profit decrease

Beijing (JLC), October 25--MTBE market presented a flat picture in Oct amid decreasing international crude prices and domestic thin gasoline market. As a result, refiners marked down their MTBE prices for sales promotion, which slashed its profits.

10-25-2018 18:17:16

LPG imports of Northwest China in 2017 decrease from 2016

According to customs data, China LPG imports totaled 16.857 million mt up to November 2017 with 171,900 mt imported by Northwest China, down 2.99% YoY. Despite large geographical range, there are only two ports in Xinjiang and Inner Mongolia respectively importing LPG.

01-16-2018 09:45:08

Shandong teapots’ run rate decreased by 0.48 percentage points WoW to 69.63%

According to JLC statistics from 41 Shandong independent refineries, up to December 27th, 2017, the CDU run rate was 69.63%, down 0.48 percentage points week on week.

12-29-2017 10:12:36

LPG market in Northwest China was supported by decreased supply

It was learned that coal direct liquefaction unit of Shenhua Coal to Liquid and Chemical Company was stopped operating on December 18th for 45 days’ maintenance.

12-25-2017 09:46:47

Oman crude refining profit decreased by CNY94/mt to CNY524/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY477/mt, down CNY54/mt week on week as refined products’ sales revenue increased greatly amid the bullish global market.

11-15-2017 17:25:35

Shengli crude theoretical profit decreased by CNY131/mt to CNY138/mt

This week, based on the settlement price CNY3,400/mt of light offshore oil (density: 0.88-0.90) at Shandong market on August 30th, the theoretical processing profits of independent refineries were CNY75/mt, down CNY154/mt WoW due to the bearish refined products market.

08-31-2017 15:15:36

Offshore crude theoretical profit decreased by CNY4/mt to CNY229/mt

This week, based on the settlement price CNY3,400/mt of light offshore oil (density: 0.88-0.90) at Shandong market on August 23rd, the theoretical processing profits of independent refineries were CNY229/mt, down CNY4/mt WoW.

08-24-2017 13:33:48

Shandong independent refineries’ run rate decreased 1.75 percentage points to 56.79%

According to JLC statistics from 40 Shandong independent refineries, up to August 23rd, 2017, the CDU run rate was 56.79%, down 1.75 percentage points.

08-24-2017 11:22:26

Cargoes for arbitrage are expected to decrease in September

On August 21th (Monday), Singapore fuel oil market was largely stable against last week.

08-22-2017 13:46:41

China other teapots run rate decreased to 53.33% amid Zhongjie Petrochemical’s accident

According to JLC statistics from 40 Shandong independent refineries, up to August 16th, 2017, the CDU run rate was 58.54%, up 1.74 percentage points.

08-17-2017 15:33:12

China growth rate of crude imports to decrease in H2 of 2017

Thomson Reuters reported on Tuesday (August 15) that China refineries’ decreasing crude processing volume in July may indicate that China’s rapid growth of crude demand in 2017 will slow down.

08-16-2017 14:53:44

China other teapots' run rate decreased by 1.73 percentage points to 55.04%

According to JLC statistics from 40 Shandong independent refineries, up to August 9th, 2017, the CDU run rate was 56.8%, up 0.26 percentage points.

08-11-2017 09:19:16

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