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China PE market sees high prices, but weak fundamentals

China PE prices stayed at high levels underpinned by high cost, but the market fundamentals were weak.

09-24-2026 17:37:54

Shandong independents' run rates fall further

Guangzhou (JLC), September 23, 2026--Shandong independent refiners' operating rates declined further in the week ending September 23, JLC’s data shows.

09-24-2026 14:13:06

China INE crude price slides after Iran proposes reopening Hormuz

Guangzhou (JLC), September 23, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday following Iran’s proposal to reopen the Strait of Horm

09-23-2026 18:53:06

Independents' refining margins for imported crude rally

Guangzhou (JLC), September 23, 2026--Shandong-based independents' refining margins for imported crude rallied in the week to September 23, because of a drop in crude costs, despite a slight decline i

09-23-2026 18:39:19

China PE prices retreat from highs on cost support, weak demand

Shandong (JLC), September 23, 2026--Prices across China’s PE varieties pulled back, as costs still underpinned the market while downstream demand struggled to recover.

09-23-2026 16:42:32

Sep PE market underpinned by high cost, slightly high production losses

The key conflict in China PE market is the tension between higher-supply prediction and seasonal demand changes currently. Meanwhile, changes in crude oil prices will exert important influences on Chi

09-23-2026 15:53:13

China’s recycled PET prices fall slightly in late Sept

Shandong (JLC), September 23, 2026—After rising consistently for about one month, recycled PET market prices weakened in late September, dragged down by multiple negative elements, such as falling pro

09-23-2026 15:37:31

Sinopec Qilu begins constructing ethylene plant under upgrade project

Guangzhou (JLC), September 21, 2026--On September 19, Sinopec Qilu Petrochemical officially started the construction of a 1.0 million mt/yr ethylene plant under its upgrade project.

09-21-2026 19:07:59

China’s PDH unit operating rate falls

Beijing (JLC), September 21, 2026--The overall operating rate of China’s PDH units averaged 73.51% in the week to September 17, down 2.65 percentage points compared with the week to September 10.

09-21-2026 16:15:43

Sinopec Hunan starts building 1.2 mln mt/yr jet fuel unit

Guangzhou (JLC), September 21, 2026--Sinopec Hunan Petrochemical kicked off construction of a 1.2 million mt/year jet fuel hydrogenation unit on September 16, the company announced on its official WeC

09-21-2026 11:47:45

PE Prices keep range-bound amid weaker Peak-Season Expectation in Sep

Shandong (JLC), September 20, 2026—In September, the PE market enters the conventional peak season. However, the slow recovery in demand and the negative impact of the Fed’s rate hike on international

09-21-2026 08:20:01

PipeChina Tianjin terminal delivers over 1 mln truckloads of LNG

Shandong (JLC), September 17, 2026—PipeChina Tianjin terminal delivered more than one million (mln) truckloads of LNG, totaling over 20 mln mt, making it the first LNG terminal in China to reach the

09-17-2026 17:32:24

China PE prices surge in H1 Sep on multiple supports

China PE prices surged in the first half of September, supported by the geopolitical tension, intensive maintenance, and market sentiment.

09-17-2026 17:27:20

3.6 million mt/yr of new PE capacity to come online in Q4

Shandong (JLC), September 17, 2026--China’s PE sector will see a wave of new capacity commissioning in Q4 2026, with an estimated 3.6 million mt/yr of new capacity, accounting for 65.46% of the year’s

09-17-2026 17:08:37

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 17, 2026--Shandong-based independents' refining margins for imported crude retreated in mid-September, as crude costs rose more significantly than sales revenue.

09-17-2026 14:09:39

Shandong independents' run rates retreat in mid-September

Guangzhou (JLC), September 16, 2026--Shandong independent refiners' operating rates declined in the week ending September 16, JLC’s data shows.

09-16-2026 19:11:30

PetroChina Fushun achieves major milestone in ethylene project

Guangzhou (JLC), September 16, 2026--PetroChina Fushun Petrochemical successfully fed oil into the newly built No. 9 cracking furnace under the ethylene project.

09-16-2026 19:07:37

PetroChina International's biofuel blending exceeds 30,000 mt

Guangzhou (JLC), September 16, 2026--PetroChina International's total biofuel blending volume surpassed 30,000 mt recently, since it started biofuel blending operations on March 13, 2026.

09-16-2026 19:00:58

China PE pipe output to fall in Sep, but supply pressure persists

Shandong (JLC), September 16, 2026--China’s PE pipe output is projected to decline in September, though output will still exceed year-ago levels, keeping firm supply pressure on the market.

09-16-2026 17:53:49

S China PP production and sales both high with severe market competition

PP capacity surged in South China in recent years, and the local supply increased accordingly. The market competition between local and cross-regional PP goods showed signs of escalation.

09-16-2026 17:33:28

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