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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

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

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

China DOP margins climb on muted costs

Shandong (JLC), December 12, 2024--China DOP industry margins has been enlarged underpinned by the decrease in feedstock octanol prices, which has also driven up the capacity utilization rate of DOP m

12-12-2024 10:51:00

Independents’ refining margins for imported crude turn positive

Guangzhou (JLC), December 11, 2024--Shandong-based independents’ refining margins for imported crude turned positive this week, after ten consecutive negative weeks, as crude costs slid and downstream

12-11-2024 18:56:15

Shandong independents' run rates up on better margins

Guangzhou (JLC), December 11, 2024--Shandong independent refiners' operating rates rose slightly in the week to December 11 as refining margins improved further.

12-11-2024 18:49:12

Independents’ crude refining margins rise again

Guangzhou (JLC), December 5, 2024--Shandong-based independents’ crude refining margins rose again in early December, thanks to slipping costs and growing sales revenue.

12-05-2024 14:08:30

Shandong independents' run rates up on improving margins

Guangzhou (JLC), December 4, 2024--Shandong independent refiners' operating rates rose modestly in the week to December 4 as refining margins improved further amid strengthening product prices.

12-04-2024 17:57:46

Independents’ crude refining margins improve further

Guangzhou (JLC), November 28, 2024--Shandong-based independents’ crude refining margins improved further in late November as sales revenue increased, despite slightly higher crude costs.

11-28-2024 17:21:13

Independents’ crude refining margins recoup some losses

Guangzhou (JLC), November 20, 2024--Shandong-based independents’ crude refining margins recouped some losses in mid-to-late November, on the back of sliding crude costs and rising sales revenue.

11-20-2024 16:43:57

Independents’ crude refining margins continue to drop

Guangzhou (JLC), November 13, 2024--Shandong-based independents’ crude refining margins continued to drop in mid-November, dampened by rising costs and decreasing sales revenue.

11-13-2024 18:37:00

Imported LPG margins at ports weaken in early November

Beijing (JLC), November 13, 2024--Imported LPG margins for traders at China’s ports slipped in early November amid higher costs and softer deal prices.

11-13-2024 17:41:16

Independents’ refining margins for imported crude slip modestly

Guangzhou (JLC), November 7, 2024--Shandong-based independents’ refining margins for imported crude slipped modestly in early November, as crude costs gained more ground than sales revenue.

11-07-2024 18:03:03

Independents’ crude refining margins improve in late Oct

Guangzhou (JLC), October 31, 2024--Shandong-based independents’ refining margins for imported crude improved in late October, buoyed by slipping costs and increasing sales revenue.

10-31-2024 14:40:25

Shandong independents' run rates slip amid negative margins

Guangzhou (JLC), October 23, 2024--Shandong independent refiners' operating rates slipped in the week to October 23 due to lingering negative margins and an upcoming refinery turnaround.

10-23-2024 18:40:56

Independents’ refining margins for imported crude rally

Guangzhou (JLC), October 23, 2024--Shandong-based independents’ refining margins for imported crude rallied in the week to October 23, as crude costs dropped more than sales revenue.

10-23-2024 18:07:30

Narrowing spread btw PP powder and propylene weighs on margins

Shandong (JLC), October 23, 2024—China PP powder market remained weak against the firm feedstock propylene price. With the narrowing trading spread, PP powder producers were experiencing margin losses

10-23-2024 16:29:30

Independents find further drops in crude refining margins

Guangzhou (JLC), October 16, 2024--Shandong-based independents found further drops in their crude refining margins in the middle of September, due to continuous rises in crude costs and slips in their

10-16-2024 18:38:10

Independents’ refining margins for imported crude worsen

Guangzhou (JLC), October 9, 2024--Shandong-based independents’ refining margins for imported crude worsened in the week to October 9, as crude costs increased and oil product prices continued to fall

10-09-2024 18:44:32

Shandong independents' run rates slip as margins turn negative

Guangzhou (JLC), September 25, 2024--Shandong independent refiners' run rates dropped again in the week to September 25 as the refining margins for imported crude plunged into negative territory.

09-25-2024 17:52:19

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