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Chinese refiners face sharp falloff in refined oil output in Feb

Beijing (JLC), February 25, 2020--Chinese refiners may record a 10 million mt falloff in their gasoline and diesel output for February from month-ago level due to the coronavirus outbreak, JLC estimates.

02-25-2020 15:58:33

E. China refiners lower LPG unit loads amid slow demand

Beijing (JLC), February 17, 2020--The refiners in east China lowered their liquefied petroleum gas (LPG) unit loads recently amid slow demand under the spread of 2019 Novel Coronavirus since January.

02-17-2020 17:03:04

China’s refiners accelerating LSFO production for IMO 2020

Beijing (JLC), December 10, 2019--China’s refiners are accelerating the production of low sulfur (LS) bunker fuel oil, as the International Maritime Organization’s 0.5% global sulfur cap is about to take effect from January 1, 2020.

12-11-2019 11:52:05

China's 70th anniversary may impact northern refiners

China may require producers in 28 cities to the north of the Yellow River to cut production in September amid efforts for a blue sky for its 70th birthday at the beginning of October.

09-03-2019 17:07:57

Feb is a tough month for Shandong refiners

In January, Shandong-based independent refiners produced more refined oil against previous month amid bullish sentiment, but in February the market is engulfed with bearish sentiment.

02-20-2019 15:00:33

Shandong refiners reformers' run rate rises slightly

In January, the reformers' operating rate rose slightly amid the bullish sentiment, but the operating rate in February would change little under bearish sentiment during holidays.

02-20-2019 14:48:36

Shandong refiners still prefer to refine ESPO

Russian ESPO still ranked the top?JLC expects that in the case of many feedstock inventory to be consumed and February for the Chinese Lunar New Year, the crude arrivals of the independent refineries in February will drop significantly.

02-20-2019 14:40:56

Olefin deep-processing refiners see more profits

China's olefin deep-processing profits in the week ended January 24 were higher than those in the previous week overall, JLC data shows

01-29-2019 15:17:06

China refiners to import less crude in Q1 2019

At the last two months of 2018, China independent refiners imported more crude to use the import quota in order to gain more import permits for 2019, but in the first quarter of 2019, they would be quiet facing high feedstocks and refined oil under bearish sentiment.

01-10-2019 18:42:29

China refiners show low processing interest

China independent refiners’ monthly operating rates for CDUs in December read 65.73%, down 0.28 percentage points month on month (MoM), JLC monthly data shows.

01-10-2019 18:20:41

Feedstock run of Shandong Refiners to fall in Jan 2019

In January, 2019, the feedstock processing volume of Shandong-based independent refiners would suffer a slight drop, as the run rate would be lower amid the bearish sentiment.

01-10-2019 18:16:41

Shandong refiners continue to suffer bearish sentiment in Q1 2019

Shandong independent refineries’ run rate in early 2019 is lower than previously expected amid the inspections in refining industry and refining profits losses in November and December.

01-10-2019 18:13:49

Shandong refiners' output and stocks rise

The gasoline and diesel outputs of Shandong-based independent refiners in December both gained and the refined oil stocks also rose against November 2018.

01-10-2019 18:11:41

China crude output slides but runs rise on independent refiners resumption

China crude production slides in September, and both of output and runs' growth slowed down, despite run rise against the previous year.

10-22-2018 17:41:33

Feed oil stocks in ports to drop amid refiners' resumption

Beijing (JLC), August 24, 2018-- Feed oil commercial stocks in coastal ports of Shandong and South China continued falling, amid the independent refineries demand rising and delayed discharging of the cargos due to typhoon.

08-24-2018 16:22:50

Major refiners, deep-processing enterprise to join hands in alkylate industry

The alkylation industry was developed in 2012 and has gradually taken the brilliant road since then. As of September 2017, China’sl alkylation capacity has reached 18.48 million mt/yr.

02-12-2018 16:32:52

China main refiners crude run grew up again

In July, amid the overhauls reduction, PetroChina and Sinopec crude daily processing volume increased 1.53% MoM.

07-20-2016 10:06:44

China main refiners’ profits continued to shrink

The main refiners refining profits continued to shrink, and according to JYD take PetroChina as example, by the end of June, the refining margins of 0# diesel clamped down by CNY30/mt MoM to CNY770/mt, and that of 93# gasoline slipped by CNY25/mt MoM to CNY1,390/mt.

07-19-2016 17:02:31

Asian refiners cut crude run amid oil products surplus and low profits

Amid the oil products oversupply, the Asian refining margins slid to the 5-year low, and the slowdown economy also depressed the oil demand, forcing the refiners to reduce the crude processing volume.

07-12-2016 08:54:03

China major refiners jet fuel EXW price to continue rise in July

According to JYD, during May 25th-June 24th, the jet fuel average price in Singapore settled at $58.47/bbl, up by $4.47/bbl and the tax-paid price of jet fuel CIF was CNY3,725/mt, sharply up by CNY304/mt MoM. In July, the jet fuel EXW price of main refineries will further be lifted up.

06-29-2016 13:57:43

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