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Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), September 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in mid-to-late September, because of more cargo unloading, despite faster consumption

09-19-2024 19:12:08

Zhejiang province braces for Typhoon Pulasan

Guangzhou (JLC), September 19, 2024 –Zhejiang province has taken precautions against Typhoon Pulasan, the 14th typhoon of the year, which is expected to bring gales and rainstorms to the province.

09-19-2024 18:59:54

China INE crude price dips on US economic concerns

Guangzhou (JLC), September 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Thursday, due to concerns about the US economy.

09-19-2024 18:32:31

State-owned refinery run rates edge up

Beijing (JLC), September 19, 2024--Chinese state-owned oil refineries' run rates grew slightly in the week to September 18, 2024 (Wednesday) as several refineries raised their crude runs, JLC’s data s

09-19-2024 17:46:02

China PP powder market prices inch down after holiday

Shandong (JLC), September 19, 2024--China PP powder market price declined slightly compared to that before the holiday amid the weaker propylene price and slipping PP futures.

09-19-2024 14:48:39

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), September 19, 2024--Shandong-based independents’ refining margins for imported crude retreated in mid-to-late September, squeezed by rising crude costs and decreasing sales revenue.

09-19-2024 14:24:02

Polybutadiene prices driven up by tight supply, cost support

Shandong (JLC), September 19, 2024--Polybutadiene prices increased in the past days of September, on the back of tight supply and the support from cost sides.

09-19-2024 13:51:56

PX producers still suffer from losses on lower prices

Shandong (JLC), September 19, 2024--PX producers still suffered from losses in early September, as PX prices went lower compared with naphtha prices.

09-19-2024 13:45:52

Shandong HDPE market prices lower pressured by rising capacity

Shandong (JLC), September 19, 2024--Shandong HDPE market prices have moved at lower levels for a long time, given the fast capacity expansion.

09-19-2024 13:41:28

China PP market prices remain sluggish on weaker crude and tepid demand

Shandong (JLC), September 19, 2024--China PP market prices remained sluggish on weaker international crude price and tepid downstream demand.

09-19-2024 08:32:48

China INE crude price rises on prospect of Fed rate cut

Guangzhou (JLC), September 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday, due to the prospect of a Fed rate cut and lingering supp

09-18-2024 19:20:39

Shandong independents' run rates retreat

Guangzhou (JLC), September 18, 2024 – Shandong independent refiners' operating rates dropped in the week to September 18 as a refinery lowered its throughput for a partial turnaround.

09-18-2024 18:45:53

PetroChina Rudong terminal receives 60 million mt of LNG

Beijing (JLC), September 18, 2024--As of September 8, PetroChina Rudong terminal has received more than 60 million (mln) mt of LNG, according to the official website of Nantong’s people’s government.

09-18-2024 17:53:46

China’s August naphtha imports rise to year’s new high

Guangzhou (JLC), September 18, 2024--China's naphtha imports hit 1.35 million mt in August, with the daily volume at about 379,000 barrels, a new high year-to-date, according to GACC data.

09-18-2024 15:38:40

Coke-oven gas-based methanol units run rates go range-bound in early Sep

Shandong (JLC), September 18, 2024—The operating rate of China’s coke-oven gas-based methanol units went range-bound in early September.

09-18-2024 15:20:36

PetroChina Guangdong’s jet fuel exports exceed 3.0 mln mt

Guangzhou (JLC), September 14, 2024--PetroChina Guangdong Petrochemical has exported more than 3.0 million mt of jet fuel since its product terminal was put into operation on September 6, 2022, the co

09-14-2024 18:47:31

China’s bonded bunker fuel market sags in August

Guangzhou (JLC), September 14, 2024--China’s bonded bunker fuel market sagged in August, mainly due to a plunge in international crude prices.

09-14-2024 18:04:17

No. 7 tank at CNOOC Fujian LNG terminal wins green light

Beijing (JLC), September 14, 2024--Fujian Provincial Development and Reform Commission has approved the construction of No. 7 storage tank at CNOOC Fujian LNG terminal, CNOOC Gas & Power Company annou

09-14-2024 17:39:31

China’s economy grows steadily in August

Guangzhou (JLC), September 14, 2024 – China's key economic indicators continued to improve in August, suggesting that the economy was still on track for a steady growth.

09-14-2024 17:29:49

Chinese refiners slash LSFO output in August

Guangzhou (JLC), September 14, 2024--Chinese refiners slashed their LSFO output in August, because of tighter export quotas.

09-14-2024 15:23:17

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