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China LNG prices fall amid destocking

Beijing (JLC), January 18, 2023--China LNG producers axed their prices to liquidate inventory before the Spring Festival.

01-18-2023 17:21:47

INE crude dives on rising US crude stocks, resurgent cases in Asia

Guangzhou (JLC), May 20, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) plunged on Thursday, because of building US crude stocks and resurgent COVID-19 cases in Asia, despite reduced production in the US Gulf Coast.

05-20-2021 19:06:00

China independents cut production to lower stocks in Feb

Chinese independent refineries show low interest in production amid high refined products stocks and deepening losses.

03-07-2019 18:12:11

China’s DME stabilizes amid restocking

Beijing (JLC), January 24, 2019--China’s Dimethyl ether (DME) prices stopped dropping overall this week amid downstream users’ restocking that will last until the Spring Festival in early February.

01-24-2019 17:53:30

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' 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

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

Main refineries’ profit was cut down by the bigger increase in feedstock

Main refineries’ profit decreased in September. According to the profit and loss formula of JYD, taking the subsidiary of CNPC for example, up to September 19th, refineries’ profit stood at CNY157/mt, dropping CNY168/mt or 51.78% MoM.

09-20-2016 11:02:08

Teapots feedstock remained stable due to the limited premium

On August 11th, international crude oil closing on a downtrend which impacted the market sentiment. Shandong teapots products’ prices moved in downtrend within a stable range, and the trading atmosphere weakened.

08-15-2016 11:44:49

Gasoline increase pushed up China oil products stocks soar in June

Recently, Energy Aspects said, in June China oil products inventory continued to soar, mainly pushed up by gasoline inventory increasing to 57.3 million barrels, the historical high, and meanwhile, the diesel stocks declined by 3.8 million barrels.

07-25-2016 16:00:35

Prostar Capital buys China private oil depot stocks equity

Prostar Capital focused on midstream energy infrastructure bought up 40% stocks equity with 100 million dollars of one large strategic crude and oil products oil depot in Zhejiang Province.

06-20-2016 15:43:29

Shandong ports oil stocks increased slightly amid overhauls of teapots

The data from JYD showed that the coastal crude and commercial fuel oil inventory grew up slightly in Shandong, and on June 16th the total stocks in Qingdao, Longkou, Laizhou and Rizhao ports settled up by 30,000 mt WoW to 2.09 million mt.

06-17-2016 11:28:07

Significant price drop of feedstock offers deep processing companies more profits

In March 25th-March 31st, operation of deep processing units got better.

03-31-2016 17:04:56

Feedstock run rise propped up the run rate to 54.58%

According to JYD statistics from 41 Shandong teapots, up to March 23rd, 2016, the CDU run rate grew up by 1.11 percent WoW to 54.58% as some teapots raised the processing volume amid the downstream demand warming up slowly.

03-24-2016 09:59:53

China to open up crude import rights boosting the teapots' feedstock

Since May in 2015, more and more independent refineries in China had acquired the crude import right and usage right of import crude.

02-23-2016 17:27:10

Jingbo and Landbridge restarted amid low feedstock

According to JYD statistics from 38 Shandong teapots, up to December 16th, the CDU run rate soared to 45.72%

12-16-2015 17:21:44

Zhou Xiaochuan: RMB-to-USD rate and stock market all get in positions

G20 Finance Ministers and Central Bank Governors convened for the third time under the Turkish Presidency in Ankara on 4-5 September 2015.

09-09-2015 17:12:36

Pension entering into stock market will be hard to reach CNY600 billion

Not only Guangdong, Shandong has injected pension into stock as pilots, but also seven regions including Jiangsu, Zhejiang and Beijing are expected to enter the market as well.

07-24-2015 17:34:27

China propane market looks buoyant; traders are suggested to hold stocks

China propane market showed no improvement in January 2015, as the global crude market remained subdued and downstream players were cautious about trading. However, the market bounced up from early February, amid multiple positive factors, with trading prices moving higher.

02-12-2015 09:53:39

Feed gas deep processing rate drops amid slow demand for oil blending feedstock

Since the start of 2015, operation rate for alkylation and aromatization deep processing units, which use MTBE as feedstock, has dropped sharply.

01-22-2015 10:14:35

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