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NEV production and sales surge ahead in 2024

Shandong (JLC), November 26, 2024--Production and sales in China's New Energy Vehicle (NEV) market are booming, driven by strong policy support.

11-26-2024 17:10:00

NEV production hits milestone, domestic sales still strong

Guangzhou (JLC), November 14, 2024 – China's annual production of new energy vehicles (NEVs) has surpassed 10 million units for the first time.

11-14-2024 17:55:47

More gasoline displaced by NEVs in China during Jan-July 2023

Guangzhou (JLC), September 7, 2023 – About 9.35 million mt of gasoline as a road fuel was displaced by new energy vehicles (NEVs) in China during January-July 2023.

09-07-2023 19:13:20

China extends tax holiday on NEVs

Guangzhou (JLC), June 26, 2023 – China has extended purchase tax exemption on new energy vehicles (NEVs) to the end of 2025, and continued to offer tax incentives to the end of 2027.

06-26-2023 15:49:44

China mulls extending and optimizing policies for NEVs

Guangzhou (JLC), June 7, 2023 – China is set to extend and optimize the exemption from purchase tax for new energy vehicles (NEVs), the State Council said at a meeting on June 2.

06-07-2023 19:07:08

NEV sales jump to keep sapping China’s gasoline use in 2022

The swelling market share of new energy vehicles (NEVs) in the country’s automotive industry during the first quarter (Q1) could keep weighing down the use of gasoline in China in 2022.

05-11-2022 10:26:41

China allocates LSFO export quotas unevenly in 3rd batch

Beijing (JLC), November 11, 2021--China’s Ministry of Commerce (MOC) granted more quotas on LSFO exports for Sinopec, PetroChina and CNOOC, and cut those for the other two holders in its 3rd batch allocation, official sources said.its 3rd batch allocation, official sources said.

11-11-2021 11:01:31

Styrene oversupply inevitable (Part II)

Shandong (JLC), May 20, 2020--At present, the styrene market price mainly traced the cost and stocks fluctuation, and the oversupply situation was inevitable as the styrene supply gained obviously amid the rising unit operating rates, despite the relatively healthy downstream demand.

05-20-2020 17:43:37

Styrene oversupply inevitable (Part I)

Shandong (JLC), May 20, 2020--At present, the styrene market price mainly traced the cost and stocks fluctuation, and the oversupply situation was inevitable as the styrene supply gained obviously amid the rising unit operating rates, despite the relatively healthy downstream demand.

05-20-2020 17:35:27

Butadiene price inevitably at lows on aggressively imbalanced fundamentals

Shandong (JLC), April 21, 2020--China’s butadiene market prices saw an inevitable low amid the supply-demand contradictions, and the global COVID-19 pandemic just aggravated the imbalanced situation as it caused the stagnant demand in the globe.

04-21-2020 16:45:21

Accidental or inevitable? China styrene market boomed after the collision incident

07-12-2017 13:52:11

EVA price decrease is inevitable during the off season

Recently, international crude oil price decreased sharply and ethylene price declined greatly. The terminal demand for EVA was weak while there was weak support from the fundamentals.

06-15-2017 14:02:01

The slipping handling throughput at Tianjin Port is inevitable

Coal transport at Tianjin Port developed better affected by the improved coal demand and the flexible service. The finished handling throughput of Tianjin Port read 78.37 million mt, 94.59 million mt and 109.7 million mt respectively.

06-14-2017 17:59:19

The battle for Asian oil market shares never stops

OPEC oil countries put down the previous differences, and held together to carry out the production reduction agreement to reduce the oversupply of the oil market.

02-21-2017 17:49:13

PP pipe material market to be diverged amid uneven supply distribution

The uneven supply distribution will aggravate the divergence between PPR and PPB market trends. It’s predicted that the decline of PPR pipe material market will be limited and domestic PPB material market price will fall back and hit CNY8,000/mt.

05-09-2016 15:04:18

Further Drop Inevitable for China's Oil Product Retail Prices

According to JYD, the referential crude oil change rate stood at -6.13% on October 22 (Wednesday), the third working day, with gasoline and diesel prices declining CNY290-340/mt.

10-23-2014 15:02:03

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