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China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

China's 2024 crude imports retreat from record high

Guangzhou (JLC), January 13, 2025--China's crude oil imports retreated in 2024, after setting a record high in 2023, according to the latest data released by the GACC on Monday.

01-13-2025 16:05:33

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), January 9, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined significantly in the week to January 9, 2025, as outbound delivery outpaced unloading.

01-09-2025 18:31:11

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), January 9, 2025--Shandong-based independents’ refining margins for imported crude turned negative in the week to January 8, dampened by rising crude costs.

01-09-2025 14:27:43

Sinopec Yanshan's jet fuel exports surge to new high in 2024

Guangzhou (JLC), January 7, 2025--Sinopec Yanshan Petrochemical's jet fuel exports surged 25.93% to a new record of over 800,000 mt in 2024, the company said on December 31, 2024.

01-07-2025 13:43:44

Yantai Port puts 3.0-mln-cbm crude tank farm into service

Guangzhou (JLC), January 6, 2025--Yantai Port in Shandong started operating a 3.0-million-cubic-meter crude tank farm on January, Shandong Port Group said on January 5.

01-06-2025 15:59:32

China’s Nov toluene exports up on month, down by year

Shandong (JLC), January 6, 2025--China exported 57,800 mt toluene in November 2024, up by 76.47% month on month and down by 40.94% year on year, with an export value of $43.1736 million and an average

01-06-2025 15:58:00

China Nov PET bottle chip exports up on year

Shandong (JLC), January 3, 2025—According to the General Administration of Customs of the PRC, China’s exports of PET bottle chip in November 2024 were 554,100 mt, up by 16.55% on year.

01-03-2025 17:38:02

Crude stocks at Shandong ports hold largely stable at the beginning of 2025

Guangzhou (JLC), January 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports were still largely stable in the week to January 2, 2025, JLC's data shows.

01-03-2025 14:31:09

South China methanol imports and stocks down in Dec 2024

Shandong (JLC), January 2, 2025—South China methanol imports and stocks both declined in December 2024 amid seasonal natural gas restriction abroad.

01-02-2025 17:39:40

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

China natural rubber imports increase in Nov

Shandong (JLC), January 2, 2025—In November 2024, China's total imports of natural rubber (including natural latex, compounded rubber, and mixed rubber) amounted to 561,100 mt, an increase of 0.64% ye

01-02-2025 17:35:30

China synthetic ammonia imports record new low in Nov

Shandong (JLC), December 31, 2024--The November synthetic ammonia imports in China refreshed a new low in past two years, due to sufficient supply caused by rising capacity.

12-31-2024 17:04:16

China bisphenol A imports drop on ample domestic supply

Shandong (JLC), December 31, 2024--China imported 1,748.96 mt of bisphenol A in November 2024, with an import amount of $2.1691 million and an average price of $1,240.22/mt.

12-31-2024 16:56:00

China propylene imports rise in Nov on month

Shandong (JLC), December 31, 2024--China imported 202,300 mt of propylene in November 2024, down by 0.59% month on month and up by 2.59% year on year, with an import amount of $174.5704 million and an

12-31-2024 11:16:00

Oil-extended SBS imports and exports both down in Nov

Shandong (JLC), December 31, 2024--In November, China oil-extended SBS imports and exports both decreased.

12-31-2024 00:00:00

China to hike customs duties on imported fuel oil in 2025

Guangzhou (JLC), December 30, 2024--China will hike the temporary customs duties on imported fuel oil to 3% in 2025, up from 1%, according to a notice released by a State Council committee.

12-30-2024 18:07:41

China’s LNG imports down in November on weak demand

Beijing (JLC), December 27, 2024--China imported 6.15 million (mln) mt of LNG in November, down 6.11% month on month and 8.62% year on year, data from the General Administration of Customs of the PRC

12-27-2024 16:03:22

Crude stocks at Shandong ports largely steady in late December

Guangzhou (JLC), December 27, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely stable in the week to December 26, JLC's data shows.

12-27-2024 15:25:44

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