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Chinese SOEs to boost January crude runs as demand grows

Guangzhou (JLC), January 7, 2024--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in January 2025, as demand for gasoline and jet fuel will become seasonally strong.

01-07-2025 15:37:23

Domestic gasoline demand to surge in January, diesel to drop

Guangzhou (JLC), January 2, 2025--Domestic gasoline demand will surge in January 2025, because of peak travel around the Chinese New Year, while diesel demand will drop.

01-02-2025 14:18:04

China to raise fuel ceilings modestly on January 3, 2025

Guangzhou (JLC), January 2, 2025--China will raise its retail ceilings of gasoline and diesel modestly on January 3, 2025 (Friday), as crude prices have gone up over the past 10 working days.

01-02-2025 11:09:15

Yanchang Petroleum's crude runs gain 4% in January-November

Guangzhou (JLC), December 13, 2024--Yanchang Petroleum Refining and Chemical's crude runs rose by 4.01% year on year in January-November 2024, according to data from the company.

12-13-2024 18:20:25

China's naphtha imports rise in January-February

Guangzhou (JLC), March 18, 2024--China's naphtha imports increased year on year in the first two months of 2024, according to data from the General Administration of Customs of the PRC (GACC).

03-18-2024 19:21:55

China's industrial output grows 7.0% in January-February

Guangzhou (JLC), March 18, 2024--China's value-added industrial output increased by 7.0% year on year in the first two months of 2024.

03-18-2024 19:02:45

China’s petroleum asphalt output down in January

Beijing (JLC), February 27, 2024--The output of China’s major asphalt producers was recorded at 2.008 million mt in January, down by 220,000 mt or 9.9% from a month earlier, JLC research showed.

02-27-2024 18:05:45

Sinopec Guangzhou’s operating rate hits 85% in January

Guangzhou (JLC), February 27, 2024--Sinopec Guangzhou Petrochemical in south China processed about 951,000 mt of crude oil in the first month of 2024, bringing the operating rate to 84.8%, China Energ

02-27-2024 16:21:58

China tire market review in January

Shandong (JLC), February 27, 2024—Tire market demand grew slowly in January and was expected to continue the trend in February.

02-27-2024 14:07:27

Singapore’s January bunker fuel sales retreat from record high

Guangzhou (JLC), February 21, 2024--Singapore’s bunker fuel sales retreated in January as the refueling volume of a single ship decreased, also because of a high base a month earlier.

02-21-2024 18:48:30

PetroChina Huabei’s January operating rate hits 72%

Guangzhou (JLC), February 20, 2024--PetroChina Huabei Petrochemical in Hebei’ Cangzhou ran its refinery at 71.8% of capacity in January, calculated on the basis of the crude throughput released by Pet

02-20-2024 19:12:55

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

China's CPI and PPI both drop YoY in January 2024

Guangzhou (JLC), February 18, 2024 – China's consumer price index (CPI), a main gauge of inflation, dropped 0.8% year on year in January 2024, data from the National Bureau of Statistics (NBS) showed.

02-18-2024 18:17:21

Feedstock unloading in Shandong slows down in January

Guangzhou (JLC), February 8, 2024 – Feedstock unloading in Shandong slowed down in January as local independent refiners stepped up delivery from bonded storage tanks with the help of fresh quotas.

02-08-2024 17:15:30

China LPG prices down in January

Beijing (JLC), February 6, 2024--China LPG price index averaged CNY4,971/mt in January, down by CNY223/mt or 4.29% from the previous month, JLC data showed.

02-06-2024 16:55:48

Shandong independents' run rates move lower in January

Guangzhou (JLC), February 5, 2024--Shandong-based independent refiners' operating rates went down further in January 2024 due to refinery maintenance.

02-05-2024 16:38:35

State-owned refineries' run rates largely stable in January 2024

Guangzhou (JLC), February 4, 2024--Chinese state-owned oil companies' refinery operating rates were largely steady in January 2024, according to JLC's data.

02-04-2024 11:59:05

Sinopec and PetroChina lift January crude runs after unit restarts

Guangzhou (JLC), February 4, 2024--Sinopec and PetroChina slightly raised their crude throughput in January 2024, after some refineries came back online in the previous month.

02-04-2024 11:55:44

Domestic gasoline and diesel prices continue to diverge in January

Guangzhou (JLC), February 1, 2024 – China's gasoline prices firmed in January when market fundamentals were relatively strong, while diesel prices slipped amid sluggish demand.

02-01-2024 19:09:43

China's manufacturing PMI improves in January 2024

Guangzhou (JLC), January 31, 2024 – China's manufacturing purchasing managers' index (PMI) improved in the first month of 2024, but was still below the critical 50% mark.

01-31-2024 16:46:35

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