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China LPG imports drop in Oct on high costs and limited demand

Beijing (JLC), November 26, 2024—In October, China’s LPG imports totaled 3 million mt, down by 254,800 mt or 7.82% on month, according to data from the General Administration of Customs of the PRC.

11-26-2024 14:36:47

China’s April asphalt output slips amid high costs and weak demand

Beijing (JLC), June 4, 2024—China’s petroleum asphalt output shrank in April, mainly because domestic refiners were less willing to drive up operation when production was less profitable.

06-04-2024 16:24:07

China MTBE prices move up in Nov on high cost, bullish exports

Beijing (JLC), November 17, 2022--China MTBE prices fluctuated upwards in November 2022, as the production cost increased and arbitrage window for the export reopened, despite weak gasoline demand.

11-17-2022 16:02:43

C5 petroleum resin prices rise amid high cost

C5 petroleum resin prices rose with a higher growth rate in early October. During the period around National Day holiday, the price gained CNY400-1,000/mt

10-10-2018 16:14:57

Deep-processing profits fall amid high cost

Deep-processing unit profits declined amid stable feedstock cost and weak refined product market in the week ended September 27

09-29-2018 16:12:09

C5 petroleum resin prices rise on strong demand and high cost

Beijing (JLC), September 13, 2018--C5 petroleum resin prices rose modestly on the back of the rally in downstream demand and growing cost, JLC data shows.

09-13-2018 15:03:56

MTBE prices to rise in Sept on high cost and strong demand

Beijing (JLC), September 11, 2018--MTBE prices are to rise in September on the back of climbing international crude prices, high feedstock prices and strong demand, JLC forecats.

09-11-2018 11:06:00

MTBE prices soar on tight supply and high cost

Beijing (JLC), September 10, 2018--As of September 7, China domestic MTBE prices hit CNY7,000/mt ($1020.3/mt), and the transaction prices in Shandong read about CNY7,250/mt, the highest since May, 2015, mainly because of tight supply and high feedstock prices.

09-10-2018 16:04:27

MTBE prices surge in Aug on tight supply and high cost

Beijing (JLC), September 10, 2018--MTBE prices have kept rising amid favorable trading in August, with more than CNY1,000/mt ($145.92/mt) of rises in transaction prices, versus weak situation in last August, mainly due to tight supply and high feedstock prices.

09-10-2018 11:33:08

IBDH records losses amid high cost

Isobutane dehydrogenation (IBDH) unit recorded losses since July 2018, mainly due to isobutane price surge

08-22-2018 17:50:42

Imported LPG market weakens amid high cost in H1 Jun

Imported LPG market weakened in the first half of June. Trading profits slumped and propane dehydrogenation (PDH) profits also declined greatly, mainly due to high import cost.

06-21-2018 10:39:17

Imported mixed aromatics trading to be flat amid high cost

Imported mixed aromatics price rose slightly amid the booming domestic refined oil market and low stocks.

05-21-2018 11:44:35

DME run rate to fall amid low price and high cost

Dimethylether (DME) market operating rate began to decline amid high cost since March. Mainland feedstock methanol price kept rising, as few products were available at ports due to spot and paper restocking and limited production in north Jiangsu.

04-19-2018 10:04:45

MTBE producers suffer losses against high cost

Domestic MTBE producers still suffered great losses on the backdrop of cost remaining high, especially after MTBE price slumping, though MTBE price surging before following gasoline price soaring.

01-22-2018 16:25:12

Cracking C5 price hard to rise despite high cost

Crude oil price picked up and China oil product market boomed since October. Following this, the cracking C5-relevant products gained big changes in prices. Cracking C5 prices are not likely to fall in the short run as gasoline prices stayed high and naphtha prices rose.

01-11-2018 18:09:01

Blended oil profits are dismal amid high cost

Since October, it has been hard for oil blending traders to make profits, though obvious growth in blended oil prices sparked speculation activities.

12-06-2017 10:52:45

Bunker margin in East China turned losses into profits amid high cost

Bunker price in East China kept rising in November. On one hand, international crude price rose amid the expectation that output cut deal would be extended. Chemical price and oil blending feedstock cost are both expected to increase amid bullish news.

11-14-2017 17:29:10

Producing MTBE margin was poor due to high cost

Processing MTBE margin remained low or even negative as C4 Raffinate-2 and other feedstock prices showed mixed changes, leading to high cost, although MTBE price inched up after National Day holiday.

10-26-2017 16:40:27

Dimethyl ether unit run rate is expected to climb amid high cost

Dimethyl ether price climbed noticeably in the peak season. Since September, China domestic dimethyl ether price has risen by CNY200-300/mt. However, whether the price rose due to peak season is to be determined.

09-19-2017 17:38:28

Teapots refining margins continued to fall amid high cost

According to JLC data, in January 2017, the teapots CDU refining margins continued to slide, and in the first week, it even suffered great losses.

01-12-2017 10:40:07

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