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Shandong independents’ run rates extend rises as margins improve

Gua?ngzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

China’s natural rubber market falls on bearish sentiment and rising supply

Shandong (JLC), March 12, 2025—In early-to-mid March, China’s natural rubber market fluctuated downward. As of March 11, the price of SCRWF in Shanghai region was in the range of CNY16,500-16,700/mt,

03-12-2025 14:57:24

China’s PC market falls on weak fundamentals and tepid feedstock support

Shandong (JLC), March 12, 2025—China’s PC market fluctuated downward on the whole since July 2024, despite pickups at times, amid the tepid feedstock BPA support, along with PC’s weakening supply-dema

03-12-2025 14:16:52

Polybutadiene market prices to rise after falling in Mar

Shandong (JLC), March 12, 2025--Polybutadiene market prices will rise after falling in March.

03-12-2025 00:00:00

Sinopec Maoming begins building more units for upgrade project

Guangzhou (JLC), March 11, 2025--Sinopec Maoming Petrochemical recently started the construction of four more units as part of its refinery upgrade project, Sinopec reported.

03-11-2025 18:42:40

PE market continues to stay in stalemate

China PE prices saw some rebounds after the Spring Festival holiday (January 28-February 4), but the rises were constrained by the capacity expansion, higher social inventory and some other factors.

03-11-2025 18:10:49

China BCS prices down on weak demand

Shandong (JLC), March 11, 2025--China BCS market prices decreased in early March due to weak demand and lower cost.

03-11-2025 15:44:27

State-owned refinery run rates edge up in early March

Beijing (JLC), March 7, 2025--Chinese state-owned oil refineries' run rates increased slightly in the week to March 5 (Wednesday), JLC’s data shows.

03-07-2025 16:20:05

Chinese oil companies to boost gasoline exports in March

?Guangzhou (JLC), March 6, 2025--Chinese oil companies plan to boost their gasoline exports in March 2025 as domestic demand weakens after the Spring Festival travel rush.

03-06-2025 15:53:07

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

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

Chinese SOEs to cut March crude runs on refinery maintenance

Guangzhou (JLC), March 4, 2025--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in March 2025, when several Sinopec refineries come under maintenance.

03-04-2025 16:39:02

China's manufacturing PMI rallies in February

Guangzhou (JLC), March 3, 2025--China's manufacturing purchasing managers' index (PMI) rallied and exceeded the 50% mark in February, according to the data from the Natio?nal Bureau of Statistics (NBS

03-03-2025 17:37:12

Domestic oil product output to drop in March, demand to diverge

Guangzhou (JLC), March 3, 2025--Chinese refiners are likely to cut their output of gasoline, diesel and jet fuel in March 2025, because of more refinery maintenance, while fuel demand diverges.

03-03-2025 16:49:20

Asian propylene prices down in February on waning demand, ample supply

Shandong (JLC), February 27, 2025—Asian propylene prices moved down in past days of February, due to waning downstream demand and capacity expansions.

02-27-2025 17:12:41

Independents’ crude refining margins slip further

Guangzhou (JLC), February 27, 2025--Shandong-based independents’ crude refining margins slipped further in late February, squeezed by falling sales revenue, despite slightly lower costs.

02-27-2025 11:40:30

PP prices rise amid stronger demand

China PP prices are predicted to rise in the near future supported by the bullish demand fundamental, though there will be bearish factors in PP market.

02-20-2025 18:36:33

China POE imports record new high in 2024 on increasing demand

02-20-2025 18:32:43

Jan SBS unit operating rate remains high

Shandong (JLC), February 20, 2025--SBS unit operating rate stood at 65.88% in January 2025, down by 0.06% month on month, but up by 11.64% year on year.

02-20-2025 17:41:00

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

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