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China INE crude price leaps on supply concerns in early Oct

Guangzhou (JLC), October 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped in early October due to supply concerns amid intensifying tensions in the Mi

10-08-2024 19:09:45

China wraps up Chunyun with record-high passenger trips

Guangzhou (JLC), March 8, 2024 – China wrapped up the 40-day Spring Festival travel rush (Chunyun) for 2024 with 8.42 billon passenger trips completed, a record high for the corresponding period.

03-08-2024 19:17:42

China’s refining sector reaps higher profits in 2023

Guangzhou (JLC), February 21, 2024 – Oil refining profits in China surged last year, while the upstream sector and the chemical sector saw a decline in profits, Sinopec reported on February 21.

02-21-2024 19:05:56

China’s LSFO output leaps in January amid fresh quotas

Guangzhou (JLC), February 19, 2024--Chinese refiners boosted their low-sulfur fuel oil (LSFO) production in January, encouraged by the release of new export quotas.

02-19-2024 19:06:05

ENN wraps up roof raising on three LNG storage tanks

Beijing (JLC), January 29, 2024--On January 26, ENN finished the roof raising on its No.6, No.7 and No.8 LNG storage tank of the ENN Zhoushan LNG Project Phase III.

01-29-2024 16:00:00

China PC price collapses on weak cost and oversupply

Shandong (JLC), June 16, 2022—China PC prices kept going down amid weak feedstock bisphenol A (BPA) prices and ample supply against soft demand.

06-16-2022 17:49:22

Weak demand caps uptrend in S China toluene market

Shandong (JLC), May 17, 2022--The toluene market price in South China has been range-bound since April amid strong arbitrage interest but limited downstream demand.

05-17-2022 16:39:45

PET staple fiber price drops amid cost collapse

11-08-2021 09:17:43

China’s Exchange to adopt JLC assessments for new methanol swaps

China’s Zhengzhou Commodity Exchange (ZCE) has decided to adopt methanol spot price assessed by JLC as the settlement for its upcoming methanol swaps.

09-02-2021 15:43:51

PipeChina wraps up first online trading of gas storage capacity

Beijing (JLC), April 26, 2021--China’s national oil and gas infrastructure operator PipeChina recently concluded its first ever tender selling spare capacity of its natural gas storage facilities on the Shanghai Petroleum and Gas Exchange (SHPGX).

04-26-2021 14:14:10

China’s gasoline output leaps as impact from coronavirus fades

Guangzhou (JLC), March 18, 2021--China’s gasoline and diesel production both soared in January-February, as domestic demand has largely shrugged off the negative impacts from the coronavirus pandemic.

03-18-2021 16:31:09

INE crude leaps on China’s control of virus, tightening supply

The price of crude futures on the Shanghai International Energy Exchange (INE) surged on Thursday, amid China’s good containment of the coronavirus, and an inventory fall and some production shut-ins in the US.

02-18-2021 19:12:31

APS growth slow with wait-and-see sentiments

Shandong (JLC), July 27, 2020--China’s APS market mainly continued rising, with individual dip. The price in Shanxi was stable to higher, with the growth of around CNY5-10/mt.

07-27-2020 08:45:58

APS market continuously rises with rising demand expectation

Shandong (JLC), July 20, 2020--China’s APS market was stable to higher in the week over July 10-16.

07-20-2020 17:27:50

APS market stable to higher

Shandong (JLC), July 13, 2020--China’s APS market saw an uptick in the week ended July 9 amid improved atmosphere.

07-13-2020 16:01:48

INE crude collapses as OPEC+ disintegrates, Saudis slash prices

Guangzhou (JLC), March 10, 2020--The price of crude futures on the Shanghai International Energy Exchange (INE) collapsed further on Tuesday as OPEC+ failed to agree on additional production cuts and Saudi Arabia slashed its selling prices.

03-11-2020 10:24:35

Maintenance of Kenli Petrochemical caps the reformers' loads

Beijing (JLC), November 11, 2019--Shandong-based independent refiners' reforming units' operating rates settled at 63.98% in October, slightly drop from September, JLC data showed.

11-11-2019 14:09:24

Major factors to influence China APS/PS market

The anti-dumping investigation against styrene imports pushed up the costs of ABS and PS production.

02-28-2018 09:55:32

Iron ore market traps in a weak situation

Iron ore futures began to drop after hitting a two-year record high since two weeks before. On March 6th (Monday), the main contract 1705 of iron ore tumbled 3.92%, breaking the support level of CNY690/mt, suffering the biggest drop in the past month.

03-10-2017 16:06:53

Gasoline and diesel market may collapse after the largest retail price decrease in 2016

Recently, participants were generally negative about whether OPEC would reach an agreement on production limitation. Meanwhile, the US crude oil inventory soared unexpectedly. Therefore, international crude oil price kept falling, totally ignoring the softer US dollar index.

11-09-2016 17:00:05

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