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China’s naphtha imports fall month on month in February

Beijing (JLC), March 28, 2024--China’s naphtha imports fell in February compared with the previous month due to less domestic demand on inbound resources and high costs.

03-28-2024 18:08:29

China’s LPG imports fall in February

Beijing (JLC), March 27, 2024--China imported 2.11 million mt of LPG in February, down by 18.97% month on month, data from the General Administration of Customs of the PRC (GACC) showed.

03-27-2024 18:03:07

China’s air transport turnover hits record high in February

Guangzhou (JLC), March 21, 2024 – China’s air transport turnover hit a historical high in February 2024, data from the Civil Aviation Administration of China (CAAC) showed, suggesting robust growth in

03-21-2024 18:57:08

China’s MTBE exports slip in February

Beijing (JLC), March 21, 2024--China exported 139,600 mt of MTBE in February, down by 36.08% month on month, according to data from the General Administration of Customs of the PRC (GACC).

03-21-2024 17:47:38

Chinese refiners cut LSFO output modestly in February

Guangzhou (JLC), March 19, 2024--Chinese refiners slightly cut their low-sulfur fuel oil (LSFO) output in February, because of an eight-day holiday for China’s Spring Festival.

03-19-2024 14:16:27

China’s gasoline and diesel consumption diverges in February

Guangzhou (JLC), March 13, 2024--China’s actual gasoline and diesel consumption diverged in February, on the back of different fundamentals.

03-13-2024 16:07:21

China tire market review in February

Shandong (JLC), March 13, 2024—Tire market demand was subdued in February and was expected to improve on the favorable fundamental in March.

03-13-2024 15:07:30

China MX market prices move sideways after climbing in February

Shandong (JLC), March 12, 2024—The domestic MX market prices climbed in early February, but the upward momentum slowed down in the latter half amid downstream resistance and inventory pressure.

03-12-2024 17:13:18

LNG prices in Shanxi slump in February

Beijing (JLC), March 12, 2024--LNG prices in north China’s Shanxi province moved down in February amid shrinking demand.

03-12-2024 16:12:25

China's CPI rallies in February, PPI slips

Guangzhou (JLC), March 11, 2024 – China's consumer price index (CPI), a main gauge of inflation, rose 0.7% year on year in February 2024, data from the National Bureau of Statistics (NBS) showed.

03-11-2024 17:43:28

Feedstock unloading for Shandong independents rally in February

Guangzhou (JLC), March 8, 2024 – Feedstock unloading for Shandong independents rallied in February, as local independent refiners boosted purchase after the release of this year’s crude quotas.

03-08-2024 15:34:59

State-owned refineries' run rates rise in February

Guangzhou (JLC), March 5, 2024--Chinese state-owned oil companies raised their refinery operating rates in February on account of robust gasoline and jet fuel consumption.

03-05-2024 16:32:55

Sinopec and PetroChina continue to raise crude runs in February

Guangzhou (JLC), March 5, 2024--Sinopec and PetroChina continued to lift their crude throughput in February in view of growing gasoline and jet fuel demand.

03-05-2024 16:31:42

China's manufacturing PMI drops in February

Guangzhou (JLC), March 1, 2024 – China's manufacturing purchasing managers' index (PMI) fell in February, staying below the critical 50% mark, a line that separates growth from contraction.

03-01-2024 14:01:01

China LPG prices dip in February

Beijing (JLC), March 1, 2024--LPG prices averaged CNY4,913/mt in February, down by CNY58/mt or 1.17% month on month and 16.26% year on year, JLC research showed.

03-01-2024 11:56:06

Independents’ feedstock demand to increase in February

Guangzhou (JLC), February 2, 2024--Shandong-based independent refiners’ feedstock demand is likely to increase in February, as domestic gasoline and jet fuel demand will be boosted by record traffic.

02-02-2024 18:53:33

China to cut RRR in February to release more liquidity

Guangzhou (JLC), January 25, 2024 – China will cut the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points (or 50 basis points), effective from February 5.

01-25-2024 18:15:44

China’s LSFO output rallies in February

Guangzhou (JLC), March 14, 2023--China’s low-sulfur fuel oil (LSFO) output rallied in February, as some refineries ramped up their production after the Chinese New Year holiday.

03-14-2023 15:00:45

China’s LNG output grows 22.5% in February

Beijing (JLC), March 10, 2023--China produced 2.18 billion cubic meters (bcm) of LNG in February, growing 22.5% year on year and 2.1% month on month, JLC data showed.

03-14-2023 10:09:31

State-owned refiners boost oil product output in February

Guangzhou (JLC), March 13, 2023--Chinese state-owned refiners raised their production of gasoline, diesel and jet fuel in February 2023, as domestic demand was recovering.

03-13-2023 18:59:23

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