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Alkylates margins narrow in late Feb amid rising feedstock prices

Beijing (JLC), February 28, 2024--As of February 23, margins of alkylates units in Shandong averaged CNY150.2/mt, down by 25.94% compared with the average margin in January, JLC data showed.

02-28-2024 18:08:01

Export margins improve on month as domestic prices drop

Guangzhou (JLC), June 30, 2023 – Export margins of gasoline and diesel from south China to Singapore improved modestly, as domestic ex-refinery prices dropped while Singapore prices extended uptrend.

06-30-2023 16:31:19

Independents’ refining margins for imported crude surge to 14-month high

Guangzhou (JLC), February 8, 2023--Shandong-based independents’ refining margins for imported crude surged to a 14-month high in the week to February 8 when import costs dropped more than product pric

02-08-2023 19:27:33

Shandong-East China gasoline, diesel arbitrage margins mixed

Beijing (JLC), November 24, 2022--The margins for moving gasoline and diesel from Shandong to East China lately diverged due to different degrees of drops in oil products prices in the two regions.

11-24-2022 18:05:43

China gasoline, diesel export margins mixed in H1 November

China's gasoline and diesel export arbitrage margins diverged in H1 November, as ex-refinery prices of oil products in South China moved up while Singapore oil products prices showed opposite trends.

11-21-2022 10:47:38

Margins at China MTBE units rise in Nov amid more exports

Margins for MTBE production in China moved up in Nov 2022, as the export arbitrage window opened, which helped to ease supply overhang due to the COVID-19 resurgence and thus drove up MTBE prices.

11-11-2022 14:12:58

Margins at China alkylation units retreat after rises in Nov

Margins at China alkylation units fell back after reaching a high level in November 2022 as the price of etherified butane, feedstock of the units, rebounded while those of alkylate oil receded.

11-10-2022 14:01:56

China cuts September gasoline exports on bad margins

Guangzhou (JLC), September 24, 2022--Chinese refiners reduced their gasoline exports in September 2022, because of bad export margins and relatively tight export quota.

10-24-2022 15:38:31

Margins at China alkylation units grow sharply in Oct

Theoretical margins at China alkylation units widened sharply in October, as the price decrease in etherified butane, the units’ feedstock, was bigger than that in alkylate oil, the units’ product.

10-20-2022 18:28:18

China retail fuel margins to slump after cut in retail fuel ceilings

The retail-wholesale price spread of gasoline and diesel in China is expected to plunge after the country cut the retail price ceilings of the fuels, despite simultaneous drops in the wholesale price.

09-23-2022 13:55:29

Independents' refining margins soar on lower costs, higher product prices

Guangzhou (JLC), September 7, 2022--Shandong-based independent refiners’ refining margins for imported crude shot up this week, as refining costs dipped amid dwindling international crude prices and d

09-07-2022 19:13:56

China MTBE margins improve on rising MTBE prices

Guangzhou (JLC), Sept 1, 2022--China’s MTBE margins grew this week as domestic MTBE prices were boosted by a rebound in international crude prices combined with expected demand recovery in the peak se

09-01-2022 16:13:24

Shandong reforming margins surge on strong product prices

The margins at Shandong-based independent refineries’ reformers surged in the week to August 18, as prices of the units’ products surged while prices of the units’ feedstock were relatively weak.

08-22-2022 16:41:22

China gasoline, diesel import margins rise in H1 August

China’s gasoline and diesel import arbitrage margins moved up in the first half (H1) of August, as wholesale oil products prices in China rebounded while those in Singapore slipped.

08-19-2022 11:40:16

China retail margins for fuels slump on stronger wholesale price

The retail margins for gasoline and diesel have declined sharply since end-June, as the retail ceilings of gasoline and diesel kept falling while wholesale prices have lately recouped some drops.

08-18-2022 16:38:02

China sees dropping margins at MTBE units on falls in MTBE price

Margins at China MTBE units have declined since July as domestic MTBE prices fluctuated downwards amid the closed arbitrage window for MTBE export and sustaining weak domestic demand for that product.

08-11-2022 12:04:20

Independents' refining margins go up as product prices rise

Guangzhou (JLC), Aug 3, 2022--Shandong-based independent refiners’ refining margins recouped some losses this week, as oil product prices went up amid multiple forces.

08-03-2022 19:15:13

Independents' refining margins for imported crude turn negative again

Guangzhou (JLC), Jul 20, 2022--Shandong-based independent refiners’ refining margins for imported crude retreated into negative territory again as oil product prices extended declines this week.

07-20-2022 19:37:27

China gasoline, diesel export margins slump in H1 July

China’s oil products export margins narrowed significantly in the first half (H1) of July, as Singapore oil products prices dropped more sharply in line with decreases in international crude prices.

07-19-2022 11:18:53

Shandong independents' refining margins for imported crude turn positive

Guangzhou (JLC), Jul 13, 2022--Shandong-based independent refiners’ refining margins for imported crude turned positive this week, as refiners’ cost pressure eased a lot after international crude pric

07-13-2022 18:54:26

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