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Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

Independents’ crude refining margins soar again as costs decrease

Guangzhou (JLC), April 17, 2025--Shandong-based independents’ crude refining margins soared again in the middle of April, bolstered by a further plunge in crude costs.

04-17-2025 11:39:37

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Hydrogenated benzene downstream plants’ margins fall on high costs

Shandong (JLC), January 10, 2025—China hydrogenated benzene downstream producers’ margins declined due to heavy cost pressure.

01-10-2025 16:12:05

China DOP margins climb on muted costs

Shandong (JLC), December 12, 2024--China DOP industry margins has been enlarged underpinned by the decrease in feedstock octanol prices, which has also driven up the capacity utilization rate of DOP m

12-12-2024 10:51:00

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

Weaker costs weigh on DOP market prices

Shandong (JLC), November 19, 2024—China’s DOP prices declined in late November amid weakening cost support.

11-19-2024 17:56:53

PP powder prices stable-to-falling on low costs

Shandong (JLC), November 14, 2024—China PP powder prices weakened in mid-November prices due to low costs.

11-14-2024 17:41:31

China PVC exports decrease MoM against rising freight costs

?Shandong (JLC), June 26, 2024—China's export volume of PVC powder decreased in May 2024, with exports standing at 221,900 mt, down 7.66% month on month but up 58.16% year on year, according to data f

06-28-2024 00:00:00

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 PP exports drop on surging freight costs and weaker demand in Apr

Shandong (JLC), May 22, 2024--China PP export volume declined in April 2024 in a month on month change. The export volume of PP totaled 251.8kt in April, down by 63.7kt or 20.19% month on month, and u

05-22-2024 15:55:13

SBS prices climb in May despite declining costs

Shandong (JLC), May 21, 2024—In the first half of May, China SBS prices rose, despite a decline in costs. However, it was expected that SBS prices will dip after moving sideways.

05-21-2024 17:29:37

China aniline prices soar on firm costs and strong demand

Shandong (JLC), April 18, 2024—China’s aniline prices rose widely amid firm cost support and robust downstream demand.

04-18-2024 15:13:55

PP powder prices seesaw in Q1 on weak costs, dim demand

Shandong (JLC), April 11, 2024---China’s PP powder prices went range-bound in the first quarter of 2024 amid slipping PP futures and propylene prices, as well as subdued downstream demand.

04-11-2024 17:24:58

China DOP industry margins turn positive on low costs

Shandong (JLC), March 20, 2024—China’s DOP industry margins recovered amid lower costs.

03-20-2024 13:55:41

China DOP prices continue to fall on low costs and dim demand

Shandong (JLC), March 13, 2024—China DOP prices extended the downtrend amid falling feedstock prices and weakening demand.

03-13-2024 15:40:13

China PA prices edge higher on firm costs

Shandong (JLC), February 22, 2024—China’s phthalic anhydride (PA) prices increased after the Chinese New Year holiday on the back of bullish sentiment and higher feedstock prices expectations.

02-22-2024 17:48:20

Imported natural rubber processing margins negative against high costs

Shandong (JLC), December 28, 2023—The processing profits of Thailand’s standard rubber remained negative against high costs.

12-28-2023 17:19:21

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