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Operating rates at major refineries climb in February

The operating rates of China’s state-owned refiners averaged 78.80% at the end of February, up 2.34 percentage points month on month, JLC data shows.

March 13, 2018

China crude oil imports set a record; import from U.S. doubles

China crude oil imports set a record; import from U.S. doubles the previous month

March 13, 2018

Feed gas to more concentrated in large-scale companies

Feed gas will be more concentrated in large-scales companies, due to the implementing of new consumption tax regulations as scheduled and delayed Value Added Tax Reporting Management Practic

March 13, 2018

MTBE imports & exports decline in Jan 2018

China imported 4,800 mt of MTBE in January 2018, down 2,300 mt or 32.39% from December 2017, and exported 4,200 mt of MTBE, down 4,800 mt or 53.33% YoY, according to customs data.

March 13, 2018

LPG supply falls amid malfunction in Jiujiang

Hydrogenation units at Jiujiang Petrochemical caught fire on March 12th. Locating in Jiujiang City, Jiangxi Province, with a capacity of 8 million mt/yr, Jiujiang Petrochemical is affiliated

March 13, 2018

Deep-processing margins climb on weak feedstock market

Olefin deep-processing profits were mixed in the week ending March 8th. According to JLC, alkylate unit profits averaged CNY174/mt, up 10.13% week on week. Isomerization unit profits average

March 13, 2018

Gasoline and diesel exports to be higher in 2018

China exported 995,600 mt gasoline in January 2018, down 19.06% MoM and up 66.10% YoY. Gasoline imports were 150,000 mt, down 24.75% MoM and up 0.67% YoY. Diesel exports in January were 1.28

March 13, 2018

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