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China's oil product exports plunge in May

Guangzhou (JLC), June 9, 2025--Chinese oil companies' oil product exports plunged in May 2025, according to the preliminary data released by the General Administration of Customs of the PRC (GACC).

06-09-2025 17:37:30

China's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

Shandong independents’ feedstock unloading decreases in May

Guan?gzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

Domestic fuel prices rise in late May

Gua?ngzhou (JLC), May 30, 2025--China’s wholesale gasoline and diesel prices rose in late May, as supply tightened and demand grew.

05-30-2025 17:17:47

State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May?29, 2025--Chinese state-owned oil refineries' run rates?fell to a 33-month low in the week ending May 28,?still affected by maintenance.

05-29-2025 19:17:33

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

China SBS output increases in May, but Q3 cuts likely on weak demand

Shandong (JLC), May 28, 2025--The SBS planning output in May was 76,800 mt, representing a 7.95% increase month on month. Producers intended to reduce SBS output in the third quarter.

05-28-2025 17:05:20

Imported natural rubber prices in Qingdao fall after rising in May

Shandong (JLC), May 27, 2025—The imported natural rubber prices in Qingdao fluctuated downwards after rising in May. As of May 23, STR20 spot offers in Qingdao were $1,770-1,785/mt, down by 3.51% mont

05-27-2025 16:09:34

China to cut fuel ceilings on May 20

Guangzhou (JLC), May 19, 2025--China will mark down its retail ceilings of gasoline and diesel on May 20, 2025 (Tuesday), as international crude prices have dropped over the past 10 working days.

05-19-2025 13:55:25

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

Urea prices to move sideways at higher levels in mid-to-late May

Shandong (JLC), May 15, 2025—China urea prices are anticipated to move sideways within a higher range in the second half of May, fueled by surging expectations for urea exports and increasing demand.

05-15-2025 11:28:59

Iso-butane prices slip in early May

Beijing (JLC), May 14, 2025--Iso-butane prices stumbled in early May amid shrinking demand.

05-15-2025 09:17:42

Polybutadiene market prices to inch down in May

Shandong (JLC), May 14, 2025--Polybutadiene market prices will inch down in May, as feedstock butadiene prices will edge lower, and downstream demand will decrease slightly.

05-14-2025 10:48:35

State-owned refiners’ gasoline and diesel production to diverge in May

Guangzhou (JLC), May 6, 2025--Stated-owned refiners plan to increase their production of diesel and gasoline in May, after drops in two consecutive months, also because of growing demand.

05-06-2025 17:49:08

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

China PP prices to inch down on weak fundamentals in May

Shandong (JLC), April 24, 2025--China PP prices are anticipated to edge down in May due to increasing supply and subdued demand.

04-24-2025 10:59:00

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

PetroChina Karamay Petrochemical’s jet sales hit new high in 2024

Guangzhou (JLC), January 6, 2025--As of December 24, PetroChina Karamay Petrochemical in Xinjiang tallied 364,000 mt of jet fuel sales in 2024, which set a record high, PetroChina said on December 31.

01-06-2025 18:03:58

Policy tailwind may bolster Zhoushan’s bonded bunkering

Guangzhou (JLC), November 28, 2024--China’s State Council has recently approved a plan outlining the future development of the China (Zhejiang) Pilot Free Trade Zone (“the Zhejiang FTZ”).

11-28-2024 18:47:14

OX market may witness oversupply in future

?Shandong (JLC), November 14, 2024--OX supply may be in a glut in the following years, due to rising capacity but slow consumption.

11-14-2024 17:18:26

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