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Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

China’s propane market stays weak in H1 2025

Beijing (JLC), July 2, 2025—China’s propane prices averaged CNY5,133/mt in the first half of 2025, down 0.18% from H1 2024 and 1.64% from H2 2024, according to the data from JLC.

07-02-2025 17:05:21

China INE crude price drops as OPEC+ may boost output further

Guangzhou (JLC), June 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday amid expectations of another production increase by OPEC+

06-30-2025 18:49:49

State-owned refiners to have much less unit maintenance in July

Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

China's manufacturing PMI rises in June

Guangzhou (JLC), June 30, 2025--China's manufacturing purchasing managers' index (PMI) rose in June, indicating that the factory activity strengthened for a second consecutive month, according to data

06-30-2025 18:03:20

Propylene market to keep range-bound at high level

Shandong (JLC), June 30-The propylene prices may fluctuate around a high level of CNY6,800-7,000/mt.

06-30-2025 15:15:25

Shenzhen-licensed bonded suppliers' bunkering surges in Jan-May

Guangzhou (JLC), June 27, 2025--Shenzhen-licensed bonded bunker suppliers' bunkering volume soared by 14.8% year on year in the first five months of 2025.

06-27-2025 18:34:39

State-owned refinery run rate rises to 3-month high on less maintenance

Guangzhou (JLC), June 26, 2025--Chinese state-owned oil refineries' run rates extended rises to a three-month high in the week ending June 25, as Sinopec Hunan Petrochemical restarted its refinery.

06-26-2025 18:36:37

China PP market depressed by lower cost, weak demand in Q2

In the second quarter of 2025 (Q2, 2025), the PP prices fell after a V-shaped trend. And the whole market was depressed by low crude price and weak demand.

06-26-2025 17:52:49

China NBR imports & exports analysis in May

In May, China’s NBR imports totaled 8,100 mt, up by 23.99% year on year (YoY), and the total NBR exports reached 2,400 mt, up by 8.31% YoY.

06-26-2025 17:24:58

China’s May BCS imports down on month

Shandong (JLC), June 26, 2025--According to data from General Administration of Customs of the PRC, in May 2025, China imported 8,672.16 mt of butyl cellosolve (BCS), down by 56.61% on month.

06-26-2025 16:23:25

China calcium carbide prices dip on thin demand in H1 2025

Shandong (JLC), June 26, 2025—China’s calcium carbide prices edged lower overall during the first half of 2025, despite occasional rebounds, largely dampened by sluggish downstream demand.

06-26-2025 16:22:22

Unexpected shutdown of PDH units in Shandong further spurs propylene market

The unexpected shutdown of major PDH unit in Shandong tightened the propylene supply, further driving up propylene price this week.

06-26-2025 16:02:34

Independents' crude refining margins grow in late June

Guangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

May PX imports up on month and on year

Shandong (JLC), June 26, 2025--In May, China imported around 772,625 mt of PX, up by 7.07% compared to April.

06-26-2025 15:15:39

China butanone exports in May climb on month, on year

Shandong (JLC), June 26, 2025--China exported 19,758.23 mt of butanone in May 2025 according to the General Administration of Customs of the PRC (GACC), up 24.5% year on year and 5.29% month on month,

06-26-2025 15:13:00

China epoxy resin imports unchanged in May

Shandong (JLC), June 26, 2025—In June 2025, China’s epoxy resin imports remained flat from last month, while the exports registered continuous growth due to the price advantage of home-made cargoes.

06-26-2025 15:08:44

China’s sulfuric acid exports soar in May

Shandong (JLC), Jun 26, 2025--China’s sulfuric acid exports surged in May 2025 amid sluggish domestic demand and higher global prices, while imports remained low due to strong local supply.

06-26-2025 14:49:32

China butyl acrylate exports and imports up in May

Shandong (JLC), June 26, 2025--In May, the imports of butyl acrylate increased by 14,451.03% month on month, and the exports increased by 0.60% month on month.

06-26-2025 14:25:12

Natural latex price goes range-bound on limited supply and sluggish demand

Shandong (JLC), June 26, 2025—The natural latex market has reached a deadlock. Upstream producers stand firm on their offers amid limited raw material supply. However, the sluggish terminal demand dam

06-26-2025 11:51:13

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