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State-run refineries’ run rates rise on unit restarts

Guangzhou (JLC), May 14, 2021--Chinese state-run refineries’ operating rates extended gains in the two weeks to May 12, because of more unit restarts after maintenance.

May 14, 2021

INE crude gains steam on weaker yuan, good US economic data

Guangzhou (JLC), May 13, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) gained some ground on Thursday, due to weaker Chinese yuan, bullish economic dat

May 13, 2021

Crude stocks at Shandong ports retreat from record high

Guangzhou (JLC), May 13, 2021--The crude stocks at Shandong ports retreated from a record high this week, after cargo arrivals slowed down, though independent refiners’ feedstock consumpti

May 13, 2021

Shandong independents’ refining margins slip on higher costs

Guangzhou (JLC), May 13, 2021--Shandong-based independent refiners’ refining margins declined in the two weeks to May 12, as feedstock costs gained more than product prices.

May 13, 2021

Shandong alkylation operating rates hit year-to-date high

Beijing (JLC), May 13, 2021--The operating rates of alkylation units in Shandong set the year's high of 70.2% on April 29, attributed to decent alkylation margins.

May 13, 2021

China March naphtha imports rise MoM

Beijing (JLC), May 13, 2021--China’s March naphtha imports increased sharply by 17.22% from February to 635,800 mt, according to the country’s General Administration of Customs (GAC). Th

May 13, 2021

Naphtha consumption drops sharply in April

Beijing (JLC), May 13, 2021--China’s naphtha consumption stood at roughly 4.2601 million mt in April, down sharply by around 16.15% from a month earlier, JLC data showed.

May 13, 2021

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