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Sinopec raises Shengli crude price for December

Guangzhou (JLC), December 26, 2024--Sinopec marked up its Shengli crude price slightly for December 2024, following modest rises in international crude prices, according to refiner sources in Shandong

12-26-2024 17:36:35

Independents find lower crude refining margins in late Dec

Guangzhou (JLC), December 26, 2024--Shandong-based independents found lower refining margins for imported crude in late December, because of falling sales revenue.

12-26-2024 15:17:21

PP prices to decline in Jan on waning demand, reduced unit maintenance

Shandong (JLC), December 26, 2024--PP prices are expected to edge down in January 2025 given shrinking demand and rising feedstock inventory.

12-26-2024 09:01:03

Shandong independents' run rates inch down in late December

Guangzhou (JLC), December 25, 2024--Shandong independent refiners' operating rates edged down in the week to December 25, with a couple of refiners cutting their throughput modestly.

12-25-2024 18:18:29

Alkylate margins rally in H1 December amid higher product prices

Beijing (JLC), December 20, 2024--As of December 15, margins of alkylate units in Shandong averaged minus CNY470/mt, up by 27.07% compared with the average margin in the second half of November.

12-20-2024 16:12:37

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

China’s PDH unit operating rate extends gains in mid-December

Beijing (JLC), December 16, 2024--China’s PDH unit operating rate extended gains by 4.42 percentage points in mid-December due to unit restart.

12-16-2024 17:07:53

China’s fuel prices climb in mid-Dec, fourth week in a row

Guangzhou (JLC), December 13, 2024--China’s wholesale gasoline and diesel prices climbed further in mid-December, the fourth week in a row, as state-owned refiners tried to boost their profit after a

12-13-2024 18:12:01

China BOPET prices move sideways in early Dec

Shandong (JLC), December 13, 2024--China BOPET market prices moved sideways in early December, as crude prices rose after falling, and downstream demand was slack.

12-13-2024 00:00:00

MTBE prices rise in early December

Beijing (JLC), December 12, 2024--MTBE prices in Shandong moved up significantly in early December due to stronger gasoline prices and higher costs.

12-12-2024 17:57:16

Dec PP output expected to rise on unit operations, restarts

Shandong (JLC), December 11, 2024--PP output is anticipated to rise in December, on account of operations of newly-added units together with restarts of previously off-line units.

12-11-2024 17:42:24

China’s propane prices to be rangebound in December

Beijing (JLC), December 10, 2024--China’s propane prices are likely to be rangebound in December due to increases in both supply and demand.

12-10-2024 15:28:59

China’s PDH unit operating rate rebounds in early December

Beijing (JLC), December 9, 2024--China’s PDH unit operating rate rebounded by 1.96 percentage points in early December because of unit restart.

12-09-2024 18:03:13

SOEs to slash December diesel output amid seasonally weak demand

Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Domestic fuel prices extend gains in early December

Guangzhou (JLC), December 6, 2024--China’s wholesale gasoline and diesel prices extended gains in early December, as state-owned refiners continued to hike prices after achieving their sales targets i

12-06-2024 17:16:38

Crude stocks at Shandong ports rebound slightly in early December

Guangzhou (JLC), December 6, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded slightly in the week to December 5, as unloading outpaced outbound delivery modestly.

12-06-2024 16:11:20

State-owned refinery run rates drop in early December

Beijing (JLC), December 6, 2024--Chinese state-owned oil refineries' run rates fell in the week to December 4 (Wednesday), JLC’s data shows.

12-06-2024 10:09:34

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 LNG prices to grow in December

Beijing (JLC), December 5, 2024--China LNG prices are likely to range between CNY4,550/mt and CNY4,650/mt in December, up by about CNY55/mt or 1.21% month on month, according to JLC’s estimates.

12-05-2024 10:39:37

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

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