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China’s largest coastal oil storage facilities enter operation

Guangzhou (JLC), August 25, 2023 – Phase III of the commercial crude oil storage tank farm at Dongjiakou Port run by Shandong Port Group (SPG) has been put into operation.

08-25-2023 14:31:27

Smuggled oil makes continued impact on coastal markets

Smuggled refined oil, mostly diesel, keeps arriving in China and making negative impacts on coastal refined oil markets, as demand for smuggled products remains amid relatively low prices.

03-26-2019 15:44:36

The coastal coal market kept robust in September

Coal price kept uptrend in the off-peak season of September, and the coastal coal market remained active. The reasons were as follows.

09-30-2017 17:51:23

Feedstock inventory in Shandong coastal ports slipped

As JLC knows from depots, Shandong coastal crude oil and fuel oil commercial inventory slipped this week. On July 13th, the total inventory of Qingdao Port, Longkou Port, Laizhou Port and Rizhao Port amounted to 1.85 million mt.

07-18-2017 16:52:19

Feedstock inventory in Shandong coastal ports slid

As JLC knows from oil depots, the crude oil and fuel oil commercial inventory in Shandong coastal ports fell this week. On June 29th, the total inventory in Qingdao, Longkou, Laizhou and Rizhao ports amounted to 1.87 million mt, accounting for 38.52% of the total tank capacity.

06-30-2017 13:37:27

Coastal coal supply and demand to be changed

As of June 14th, coal stockpiles in six major coastal power plants totaled 12.25 million mt, down by 560,000 mt from early June, which can run 19 days of usage with daily consumption at 625,000 mt.

06-15-2017 17:37:29

China coastal imported mixed aromatics market to be stable or keep declining in the future

The rumors of levying tax on imported mixed aromatics kept pushing up the price in China coastal areas since April, and the price hit the annual high of CNY5,900/mt in middle April. Under the rumors of taxation, the prices of many other products like gasoline,

04-26-2017 11:52:59

Coal prices may fall to CNY600/mt amid the weak supply-demand in coastal market

In April, affected by railway maintenance and the slack season of coal consumption, port coal kept balanced between inbound and outbound volume and coal inventory remained stable with the dropping anchored vessels.

04-25-2017 14:13:32

Daily coal consumption in coastal power plants sees a marked decline

Up to April 6th, coal inventory in the six major coastal power plants amounted to 9.6393 million mt, which was able to 18 days of usage, and daily consumption totaled 522,000 mt.

04-11-2017 10:31:04

Coastal coal transportation runs better in H1 January

The coldest season came before the Spring Festival. In the first half of January, run rate of the coastal power plants increased with the temperature cooling down and daily consumption rose sharply. The total daily consumption for coal of the six large coastal power plants rose to 690,000 mt,

01-22-2017 17:36:43

Shandong would build 13 crude terminals in coastal ports

Shandong would construct 13 crude oil terminals, 39 terminals for oil products and liquid chemicals, as well as 3 LNG terminals, which would reform the oil and gas sea transporting system serving provincial refineries and radiating the surrounding provinces.

11-28-2016 18:35:57

Shandong cargo throughput in coastal ports increasing 6.8% in Jan-Apr

As the industrial economy in Shandong Province in the first quarter rose slightly, in January-April the cargo throughput of the coastal ports sustained growth, totaling 468 million mt, increasing by 6.8% on a yearly basis.

05-31-2016 10:09:43

CBFI: China coastal (dry bulk) transport monthly report-November

In November, supply of coastal dry bulk transport capacity was short due to bad weather, supporting freight up in late month obviously.

12-09-2015 17:11:55

Coastal coal freight rates rally amid multiple drivers

Coastal coal shipping rates rebounded this week thanks to a raft of positive factors. Most route saw coal freight rates rise by CNY0.1-0.2/mt.

10-21-2015 11:37:56

Coastal coal shipments under pressures amid sluggish demand

Coal shipments at Qinhuangdao Port weakened on May 5th, with both inbound and outbound shipments declining.

05-07-2015 11:21:22

China Coastal Coal Freight Rates down to New Lows

China’s coastal coal freight rates dropped to new lows, following continuous decline over the past month, showed data from the Shanghai Shipping Exchange, impacted by weak shipping demand.

09-19-2014 10:30:17

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