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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

China’s PDH unit operating rate continues to climb

Beijing (JLC), June 30, 2025--The overall operating rate of China’s PDH units rose by 1.33 percentage points to 70.53% in the week ending June 26 (Thursday), JLC’s data showed.

06-30-2025 17:10:04

Gansu-Ningxia section of west-east gas pipeline commissioned

Beijing (JLC), June 27, 2025--The Gansu-Ningxia section of the fourth west-east natural gas pipeline has been put into operation, its operator PipeChina announced on June 26.

06-27-2025 10:35:39

Gansu Jurong LNG plant Phase I enters operation

Beijing (JLC), June 27, 2025--On June 10, Gansu Jurong New Energy Co., Ltd put the first phase of its 750,000 mt/year LNG project into operation, according to local media.

06-27-2025 09:36:01

LDPE prices to restart on weak fundamentals

China LDPE price is predicted to fall in the near future given the weak fundamentals, though the LDPE price has surged in June.

06-26-2025 17:47:17

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

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

PetroChina begins constructing Jiangsu LNG tank expansion project

Guangzhou (JLC), June 25, 2025--PetroChina began the construction of the Jiangsu LNG storage tank expansion project on June 24, China Daily reported on June 25.

06-25-2025 18:08:35

PetroChina Jilin's No. 3 jet fuel gets airworthiness approval

Guangzhou (JLC), June 24, 2025--PetroChina Jilin Petrochemical's No. 3 jet fuel has been approved for airworthiness by the Civil Aviation Administration of China (CAAC), according to industry sources.

06-24-2025 18:26:54

China’s PE imports and exports analysis in May

Shandong (JLC), June 24, 2025--In May, China's PE imports were around 1.06 million mt, a month-on-month decrease of 15.21%, but a year-on-year increase of 4.82%.

06-24-2025 16:37:00

Yanchang Petroleum completes half of annual refining target

Guangzhou (JLC), June 24, 2025--Shaanxi Yanchang Petroleum has completed 50.12% of its annual crude throughput target of 15.10 million mt as of June 19, the company said on its official Wechat account

06-24-2025 15:43:47

China’s PDH unit operating rate goes up

Beijing (JLC), June 23, 2025--The overall operating rate of China’s PDH units rose by 4.16 percentage points to 69.20% in the week ending June 19 (Thursday), JLC’s data showed.

06-23-2025 16:54:11

China’s 2025 compound fertilizer industry sees growth, competition, green shift

Shandong (JLC), Jun 20, 2025--China’s compound fertilizer industry in 2025 sees capacity growth, intense market competition, and a policy-driven shift to high-efficiency eco-friendly fertilizers.

06-20-2025 17:50:31

Sinopec founds new petrochemical company in Tianjin

Guangzhou (JLC), June 19, 2025--Sinopec established a new petrochemical company in Tianjin City's Binhai New Area on June 16, 2025, according to Qichacha, an online database of Chinese companies.

06-19-2025 18:43:58

China’s PP supply pressure eases on lower operating rate

Shandong (JLC), June 19, 2025--In the first half of 2025, the operating rate in China’s PP industry fluctuated downwards, with an average rate of 76.22%.

06-19-2025 16:54:04

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

China PSF operating rate rises, profit declines

Shandong (JLC), Jun 19, 2025--In the first half of 2025, the polyester staple fiber (PSF) industry showed an uptrend in operating rates, but profits declined significantly.

06-19-2025 16:05:00

Synthetic ammonia market sees persistent sluggishness

Shandong (JLC), June 19, 2025--In recent days, China’s synthetic ammonia market experienced downturn amid softening cost, ample supply, and subdued demand.

06-19-2025 14:32:54

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

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