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State-run refineries’ purchase drives up China’s naphtha market

Beijing (JLC), April 19, 2022--China’s naphtha market improved slightly at the beginning of this week, mainly driven by the purchase from state-run refineries.

04-19-2022 10:56:56

Shandong's plan to cut pollution may impact local crude purchase

The Shandong government has lately issued a notice about reducing volatile organic compounds and proposed a time span for local petrochemical enterprises’ maintenance, which may impact refiners’ crude purchase.

01-28-2021 11:43:15

More cities to lift bans on car purchase

Beijing (JLC), September 16, 2019--China’s Guiyang government plans to lift its ban on car purchase since September 16, following Guangdong and Hainan provinces, Guiyang government said Monday.

09-16-2019 17:14:49

Wanhua Chemical purchases Chematur Technologies AB

Beijing (JLC), July 31, 2019--Wanhua Chemical (Hungary) Holding, a wholly-owned subsidiary of Wanhua Chemical, purchased on July 30 Chematur Technologies AB, once jointly owned by Jilin Connell Investment Group and Europe-America Energy Technology.

07-31-2019 15:36:00

The purchase, sales volumes of LNG, diesel grow fast in Qinghai

Beijing (JLC), June 27, 2019--The purchase and sales volumes of liquefied natural gas (LNG) and diesel grew fast in Qinghai in the first five months of 2019, whereas those of gasoline declined, according to data released by Qinghai Provincial Bureau of Statistics.

06-27-2019 17:35:03

CRCC, PetroChina ink bitumen purchase agreement

Beijing (JLC), May 30, 2019—China Railway Construction Corporation Limited (CRCC) signed a bitumen purchase agreement with PetroChina on May 13 , PetroChina said on its website.

05-30-2019 13:56:12

Hengli Petrochemical (Dalian) starts LPG purchase

Hengli Petrochemical (Dalian) began purchasing liquefied petroleum gas (LPG) cargoes for its integrated project, company sources said, marked with the arrival of a vessel carrying 2,800 mt of LPG at Berth 108 on January 22, 2019

01-25-2019 14:38:51

China to exempt purchase taxes on new energy vehicles from 2018 to 2020

Ministry of Finance, State Administration of Taxation, Ministry of Industry and Information Technology and Ministry of Science and Technology published the "Notice on Exempting Purchase Taxes on New Energy Vehicles"

12-28-2017 08:57:59

Two subsidiaries of DIPGC sign coal purchase and sale framework agreement

Accordingly, China Datang Corporation is the controlling shareholder of DIPGC and it jointly held 34.77% of DIPGC issued share capital with the two subsidiaries- Shanxi Fuel Company and Gansu Fuel Company.

06-15-2017 13:51:12

Non-standard diesel market moved down after the purchase and sales turned slack

This week (Mar 17th-Mar 23rd), international crude oil futures price kept moving down, and the transaction price in non-standard diesel market underwent an up-then-down development. The price in Shandong prevailed at CNY4,250/mt, up by CNY50/mt WoW.

03-23-2017 17:47:20

Rising demand boosted the teapots purchases of domestic fuel oil in Jan-Nov

12-27-2016 17:33:24

LPG import volume declines amid less purchase volume of PDH companies

China LPG import volume totaled 1.3432 million mt in September 2016, down 4.12% from August 2016. Operation of domestic LPG importers became active.

11-03-2016 11:06:36

Yangquan Coal set Q3 raw coal purchase price flat with Q2

Yangquan Coal set purchase prices for raw coal from No. 3 and No. 5 mines under Yangquan Coal Industry Group at CNY180/mt (excluding washing loss) for the third quarter, flat with Q2 prices and declining by CNY50/mt or 21.7% on the year.

07-20-2016 11:35:35

Propane is purchased on demand; the market fails to turn better in short term

According to price data monitored by JYD, propane price from July 8-July 14 dropped slightly. EXW of domestic propane companies read CNY3,030/mt in early time of last week and the number was CNY3,001/mt at the end of last week, down 0.94%, and down 22.08% from the same period in 2015.

07-19-2016 09:16:46

Yangquan Coal Mining cut raw coal purchase price by CNY10/mt QoQ for Q2

Yangquan Coal Mining set Q2 purchase prices for raw coal from Yangquan Coal Group Mine III and Minmetals at CNY180/mt (excluding washing loss), down by CNY10/mt or 5.3% from Q1 prices.

04-18-2016 17:52:21

China (Independent Refinery) Petroleum Purchase Union was founded

On February 29th, Shandong Refining & Chemical Association announced the establishment on China (Independent Refinery) Petroleum Purchase Union, after negotiating among domestic 16 independent refineries.

03-01-2016 10:32:29

Tong Oil Tools purchases U.S. Cutters

On October 9, Tong oil Tools hold a conference on material assets reorganization project.

10-13-2015 14:43:04

Different steel mills' coking coal purchase cost registers a CNY246/mt spread

At a time of oversupply, cost advantage is extremely significant for producers to remain revival.

09-11-2015 11:40:47

Shanxi Linfen Thermal Power's avg. coal purchase price capped at CNY0.045/Cal

Shanxi Linfen Thermal Power purchased coal at an average of CNY0.0446/calorie during the January-August period. The company was trying to widen profits by minimizing fuel cost at a time when the coal market was sliding.

09-10-2015 13:41:45

Purchase on demand weighs on LPG market

nternational crude prices went down continuously. Domestic LPG market hasn’t show any sign of boom. As spread between feed gas and domestic gas narrowed down, domestic gas market weakened.

07-30-2015 10:36:02

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