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China’s asphalt inventories stay at mid-low levels in Q1

China’s nationwide asphalt inventory was maintained at about the six-year average with minimal overstock in the first quarter of 2022, though it has posted an upward tendency over the mont

April 20, 2022

Sinopec to start up new hydrocracker at Hainan refinery in September

China’s state-owned Sinopec is expected to put a 2.6 million mt/yr hydrocracker into commission at its Hainan Refining and Chemical in September 2022.

April 20, 2022

China's crude imports extend drops in March 2022

Guangzhou (JLC), April 13, 2022--China’s crude imports extend year-on-year drops in March, as sky-high prices and great volatility amid geopolitical tensions dampened Chinese buyers’ dem

April 13, 2022

Sinopec supplies asphalt for makeshift hospital construction in Shanghai

Sinopec, a state-owned oil company, has delivered around 200 mt of asphalt loaded into six trucks for the building of two makeshift hospitals in Shanghai as of April 12, 2022.

April 13, 2022

China’s oil product exports plunge 40% in March

Guangzhou (JLC), April 13, 2022--China’s oil product exports plummeted by 40.4% year on year in March despite weaker domestic fuel demand, as Chinese oil giants were not under significant

April 13, 2022

China’s mixed aromatics imports plunge in Jan-Feb on consumption tax

China’s mixed aromatics imports fell during January-February of 2022, owing to the country’s levy of a consumption tax.

April 08, 2022

Domestic asphalt output to grow in Q2 as demand recovers

The overall domestic asphalt output in the second quarter of 2022 (Q2) is expected to rise on the upcoming recovery of solid demand but to be constrained by both rainy weather and policy.

April 08, 2022

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