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Independents' refining margins for imported crude surge

Guangzhou (JLC), April 15, 2026--Shandong-based independents' refining margins for imported crude surged in mid-April when crude costs dropped more significantly than sales revenue.

04-15-2026 18:49:12

Independents' refining margins for imported crude rebound

Guangzhou (JLC), April 9, 2026--Shandong-based independents' refining margins for imported crude rebounded in the week to April 8, because of a decline in crude costs and a slight rally in their sale

04-09-2026 18:53:18

Independents' refining margins for imported crude turn negative again

Guangzhou (JLC), April 1, 2026--Shandong-based independents' refining margins for imported crude turned negative again in the week to April 1, due to an increase in crude costs and a decline in their

04-01-2026 18:53:48

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), March 25, 2026--Shandong-based independents' refining margins for imported crude turned positive in late March, as their sales revenue increased more significantly than crude costs.

03-25-2026 18:30:26

Shandong independents' crude refining margins plunge

Guangzhou (JLC), March 19, 2026--Shandong-based independents' crude refining margins plunged in mid-March, as crude costs surged again and independents' sales revenue declined.

03-19-2026 14:10:15

Shandong independents' crude refining margins rally sharply

Guangzhou (JLC), March 12, 2026--Shandong-based independents' crude refining margins rebounded sharply in the week to March 11, as surging oil product prices pushed up their sales revenue.

03-12-2026 17:43:11

Shandong independents' crude refining margins weaken

Guangzhou (JLC), March 5, 2026--Shandong-based independents' crude refining margins weakened in early March, due to a rapid increase in crude costs.

03-05-2026 15:16:11

Shandong independents' refining margins for imported crude slide

Guangzhou (JLC), February 26, 2026--Shandong-based independents' refining margins for imported crude slid in late February, as crude costs increased more significantly than sales revenue.

02-26-2026 17:13:09

Shandong independents see lower crude refining margins

Guangzhou (JLC), February 12, 2026--Shandong-based independent refiners saw lower refining margins for imported crude in the week to February 11, because of a decrease in their sales revenue, despite

02-12-2026 17:05:56

Shandong independents' crude refining margins tumble again

Guangzhou (JLC), February 5, 2026--Shandong-based independents' crude refining margins tumbled again in early February, as their costs rose more significantly than sales revenue.

02-05-2026 14:46:29

China methanol run rates climb in 2025 on robust margins, demand growth

Shandong (JLC), February 4, 2026--China’s methanol operating rates trended higher overall in 2025, with the annual average rising to around 81.91%, up 4.79 percentage points year on year(YoY), primari

02-04-2026 15:58:26

Shandong independents see lower crude refining margins

Guangzhou (JLC), January 28, 2026--Shandong-based independents saw lower crude refining margins in late January, as their costs continued to increase and their sales revenue declined further.

01-28-2026 19:11:05

Shandong independents' crude refining margins plunge

Guangzhou (JLC), January 22, 2026--Shandong-based independents' crude refining margins plunged in the week to January 21, because of a further rise in refining costs and a slip in independents' sales

01-22-2026 17:44:53

Shandong independents' refining margins for imported crude retreat

Guangzhou (JLC), January 15, 2026--Shandong-based independents' refining margins for imported crude retreated in the middle of January, due to an increase in crude costs, despite a rise in independent

01-15-2026 17:23:30

Shandong independents' crude refining margins rebound in early 2026

Guangzhou (JLC), January 8, 2026--Shandong-based independents' refining margins for imported crude rebounded in early 2026 when crude import costs dropped more significantly than sales revenue.

01-08-2026 18:36:09

Shandong independents' crude refining margins weaken

Guangzhou (JLC), December 31, 2025--Shandong-based independents' crude refining margins weakened in late December, as their sales revenue decreased further.

12-31-2025 16:47:10

Independents' refining margins for imported crude slide

Guangzhou (JLC), December 24, 2025--Shandong-based independents' refining margins for imported crude slid in the week to December 24, due to a larger drop in their sales revenue than in crude costs.

12-24-2025 18:31:58

Independents find higher refining margins for imported crude

Guangzhou (JLC), December 18, 2025--Shandong-based independent refiners found higher refining margins for imported crude in the middle of December, as imported crude costs declined further.

12-18-2025 13:40:06

China’s sulfuric acid industry sees both weakening margins and demand

Shandong (JLC), December 12, 2025—China’s sulfuric acid (sulfur-based) market prices are on an uptrend starting from the fourth quarter of 2025, amid its surging feedstock prices. Sulfur prices have s

12-12-2025 18:28:17

Independents' refining margins for imported crude continue to grow

Guangzhou (JLC), December 11, 2025--Shandong-based independent refiners' refining margins for imported crude continued to grow in the week to December 10, thanks to lower crude costs.

12-11-2025 16:08:25

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