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China adds another bonded bunker supplier with Zhoushan license

Guangzhou (JLC), April 27, 2026--Zhejiang Irene Petroleum Limited was authorized in April to supply bonded bunker fuel for international vessels in Zhoushan, according to a qualification announcement

04-27-2026 17:57:02

High gasoline prices highlight NEV cost advantage

Shandong (JLC), April 21, 2026--Crude volatility pushed domestic refined oil prices higher, weakening traditional fuel demand while underscoring the cost edge of NEVs. China’s NEV sales remained robus

04-21-2026 17:27:41

China’s butadiene prices retreat rapidly from a nine-year high

Shandong (JLC), April 21, 2026—China’s butadiene prices plummeted in April, reversing their record-breaking March rally, as failed auctions and weak demand overwhelmed tight supply expectations.

04-21-2026 15:30:51

Ningbo Shihua unloads new crude grade

Guangzhou (JLC), April 17, 2026--Ningbo Shihua Crude Oil Terminal Company unloaded a batch of a new crude grade on April 14, Zhejiang Seaport Group said on its official WeChat account on April 15.

04-17-2026 18:11:30

Geopolitical premium fades, PE market weak

Shandong (JLC), April 15, 2026—The temporary ceasefire agreement between the US and Iran has led to a gradual unwinding of geopolitical premiums in China’s PE market, which currently shows a pattern o

04-15-2026 13:10:00

China’s HDPE prices lead gains in early Apr

Shandong (JLC), April 15, 2026—In early April, China’s PE market saw sharp fluctuations, with HDPE prices showing the most pronounced gains among the three major varieties.

04-15-2026 11:35:24

PetroChina Fushun ethylene upgrade project to see mechanical completion by June

Guangzhou (JLC), April 14, 2026--PetroChina Fushun Petrochemical is pushing forward its 800,000 mt/yr ethylene upgrade project, looking to achieve mechanical completion by June this year, according to

04-14-2026 18:58:59

China's foreign trade exceeds 11 trillion yuan for first time in Q1

Guangzhou (JLC), April 14, 2026--China's foreign trade reached 11.84 trillion yuan (about 1.69 trillion US dollars) in the first quarter (Q1) of 2026, surpassing 11 trillion yuan for the first time.

04-14-2026 18:32:19

China unveils action plan to upgrade petrochemical sector in 2026-2029

Guangzhou (JLC), April 13, 2026--On April 3, 2026, China's Ministry of Industry and Information Technology and six other top-tier ministries jointly released a comprehensive action plan to accelerate

04-13-2026 15:28:11

Panjin Penyao HVO/SAF plant restarts production after upgrade

Guangzhou (JLC), April 13, 2026--Panjin Penyao Bioenergy's HVO/SAF plant in Panjin, Liaoning recently restarted production after upgrade, marking the first scale production of HVO/SAF in Northeast Chi

04-13-2026 11:54:46

China’s PE prices advance following Middle East turmoil

Shandong (JLC), April 9, 2026--China’s propylene (PE) market broadly moved upward with heightened volatility from late February to early April, primarily taking a cue from the dramatic rise in crude o

04-09-2026 17:18:58

China’s viscose staple fiber market rises steadily in Mar

Shandong (JLC), April 8, 2026--China’s viscose staple fiber (VSF) prices trended steadily higher in March, up around 3% from the previous month.

04-08-2026 16:54:43

Chengdu to add 200,000 mt/yr UCO unit

Beijing (JLC), April 2, 2026--Tianjin Sanpinyuan Environmental Protection Technology started construction of its 200,000 mt/yr UCO unit in Qingbaijiang District of Chengdu, Chinanews reported on March

04-02-2026 15:20:10

Cost-driven MEG rally fades on lagging demand

Shandong (JLC), April 1, 2026—China’s monoethylene glycol (MEG) market strengthened then weakened, driven by geopolitical conflicts and cost fluctuations. Amid loose supply and soft demand, it will mo

04-02-2026 14:02:17

NKNH outage lifts China polybutadiene market sentiment

Shandong (JLC), April 2, 2026--NKNH's shutdown has boosted sentiment in China's polybutadiene market since March 31.

04-02-2026 12:00:00

Guangxi Qinzhou port unloads over 2 mln mt of crude this year

Guangzhou (JLC), March 25, 2026--Qinzhou port in Guangxi Zhuang Autonomous Region has received and unloaded more than 2.02 million mt of crude oil at its 300,000-dwt crude terminal so far in 2026.

03-25-2026 16:30:16

China adipic acid prices move sideways in Mar

Shandong (JLC), March 24, 2026--China adipic acid prices moved sideways following a surge in March due to geopolitical tensions.

03-24-2026 11:04:00

Capacity expansion, Middle East tensions reshape China’s PE trade

Shandong (JLC), March 24, 2026—In January–February 2026, driven by domestic capacity expansion and geopolitical tensions in the Middle East, China’s polyethylene (PE) imports fell by 8.41% while expor

03-24-2026 10:45:24

China to ramp up energy security while upgrading industries in 2026-2030

Guangzhou (JLC), March 20, 2026--China will take measures to ensure energy self-sufficiency, while it continues to transform and upgrade the sector, according to the outline of the country's 15th Five

03-20-2026 19:13:57

Butadiene rally unsustainable, synthetic rubber cuts losses via output reduction

Shandong (JLC), March 19, 2026--The sharp contradiction between surging butadiene prices and weak downstream demand intensified synthetic rubber losses, forcing production cuts.

03-19-2026 13:41:46

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