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China allocates CNY11 billion for car trade-in subsidy

Guangzhou (JLC), June 12, 2024 – China has allocated about CNY11.20 billion (USD1.58 billion) as the 2024 annual subsidy for car trade-ins.

06-12-2024 18:59:14

ExxonMobil to invest extra CNY10 billion in Huizhou ethylene project

Guangzhou (JLC), February 20, 2024 – ExxonMobil this year will invest an additional CNY10 billion (about USD1.41 billion) in its Huizhou ethylene project, which is now under construction.

02-20-2024 18:18:20

China to issue additional CNY1 trillion of treasury bonds

Guangzhou (JLC), October 26, 2023 – China is set to issue an additional CNY1 trillion (USD136.93 billion) of special treasury bonds in the fourth quarter (Q4) of 2023, state news agency Xinhua reporte

10-26-2023 16:20:22

PetroChina secures 1 million bbl of crude to be settled in e-CNY

Guangzhou (JLC), October 20, 2023 – PetroChina International has secured a one-million-barrel crude oil cargo, for which the company will settle in China’s digital yuan, or e-CNY, for the first time.

10-20-2023 14:38:42

CNOOC and ENGIE complete CNY-settled LNG trade

Beijing (JLC), October 18, 2023--China’s oil giant CNOOC and French energy company ENGIE completed a CNY-settled LNG deal through the Shanghai Petroleum and Natural Gas Exchange (SHPGX) on October 17,

10-18-2023 17:53:53

CNOOC sells LNG to Pavilion Energy in CNY via SHPGX

Guangzhou (JLC), August 24, 2023 – CNOOC and Pavilion Energy, a wholly-owned subsidiary of Singapore-based Temasek, reached a CNY-settled LNG deal via Shanghai Petroleum and Natural Gas Exchange.

08-24-2023 17:26:23

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

CNOOC takes delivery of China’s first CNY-settled LNG cargo

Guangzhou (JLC), May 17, 2023 – The LNG carrier “MARWEH”, carrying 65,000 mt LNG from the United Arab Emirates (UAE), has finished unloading at CNOOC’s Guangdong Dapeng LNG Terminal on May 16.

05-17-2023 15:22:18

Unipec’s CNY settlement sets record high in Jan-Apr 2023

Guangzhou (JLC), May 11, 2023 – UNIPEC has boosted settlement using Chinese Yuan (CNY) in its international trade and business transactions in Jan-Apr.

05-11-2023 15:51:48

China completes another CNY-settled LNG deal

Guangzhou (JLC), May 4, 2023 – PetroChina International and ADNOC Trading had completed an offshore CNY-settled LNG deal on April 14.

05-04-2023 15:38:01

CNOOC completes first CNY-settled LNG trade

Beijing (JLC), March 29, 2023--China’s energy giant CNOOC and France's TotalEnergies completed China's first CNY-settled LNG trade through the Shanghai Petroleum and Natural Gas Exchange (SHPGX) on Ma

03-29-2023 16:08:47

Doublestar Tire invests CNY200 million for new tire project

Doublestar Dongfeng Tyre started the construction of its overload high-performance tire project recently.

07-28-2021 17:22:52

Guangdong to invest CNY8 billion in gas pipeline construction

Beijing (JLC), June 2, 2021--Guangdong people's government confirmed that it will invest CNY8 billion in the construction of natural gas trunk pipeline network.

06-02-2021 15:00:46

China's oil products demand to rise gently in CNY holiday

Beijing (JLC), January 26, 2021--China's oil products demand is expected to fall during the Chinese New Year (CNY) holidays, due to COVID-19, JLC research showed.

01-26-2021 18:13:41

Crude benzene prices to down by CNY100-150/mt over Jan 20-26

Shandong (JLC), January 26, 2021--China crude benzene prices are estimated to decrease by CNY 100-150/mt in the week over Jan 20-26, as the support from the international benzene market is weak.

01-26-2021 15:47:44

November MA price exceeds CNY10,000/mt

China maleic anhydride (MA) prices surged in the period from late October to early November. Then, the price moved sideways from mid-November with some prices inching down.

11-23-2020 16:45:37

Guizhou Tire to invest CNY1 billion in its Vietnam’s tire project

Guizhou Tire will invest CNY1 billion in its 1.2 million piece/yr all-steel tire project in Vietnam.

09-09-2020 13:01:43

MEG futures prices retreat from CNY4,000/mt

Shandong (JLC), August 26, 2019--The most traded MEG futures contract for January 2021 (code 2101) delivery on Dalian Commodity Exchange retreated from a high level of over CNY4,000/mt.

08-26-2020 17:16:43

Propylene glycol prices drop by CNY1,033/mt in March

Shandong (JLC), March 31, 2020--China propylene glycol (PG) prices dropped by CNY1,033/mt in March as feedstock PO prices dropped greatly.

03-31-2020 14:35:59

BOPET prices decreases to below CNY10,000 amid weak crude market

After March 9, the crude futures price kept falling amid bearish factors. The production cost of BOPET decreased and the market prices declined to below CNY10,000/mt accordingly.

03-19-2020 17:48:40

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