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China's fuel prices inch lower amid expectations of lower retail ceilings

Guangzhou (JLC), August 22, 2025--China's wholesale gasoline and diesel prices inched lower in the week to August 22, due to expectations of lower fuel retail ceilings.

08-22-2025 19:00:49

Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

China INE crude price rises further on weaker yuan

Guangzhou (JLC), August 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday on the back of weaker Chinese currency and a drop in An

08-22-2025 18:45:28

Largest gas-fired power plant in Southwest China fully operational

Beijing (JLC), August 22, 2025--The No.4 unit of China Huaneng Chongqing Liangjiang gas-fired power plant’s Phase II project wrapped up its 168-hour trial run and was officially put into operation.

08-22-2025 18:20:12

China PFY market shows early signs of recovery

Shandong (JLC), August 21, 2025— China’s polyester filament yarn (PFY) market is gradually recovering from previous weakness, bolstered by production cuts among major producers and improving China’s d

08-22-2025 17:14:09

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

Anti-involution trend reaches petrochemical industry

Shandong (JLC), August 22, 2025--A significant revolution is reportedly to be carried out in petrochemical and refining industries in China. It aims to phase out small facilities and upgrade backward

08-22-2025 09:39:35

High consumption spurs PP capacity expansion

High consumption spurs PE capacity expansion

08-21-2025 19:45:01

China INE crude price rebounds on large US crude stock draw

Guangzhou (JLC), August 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Thursday after data showed a larger-than-expected crude inv

08-21-2025 18:37:54

Crude stocks at Shandong ports retreat on rising consumption

Guangzhou (JLC), August 21, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending August 21, as local independent refiners' feedstock consumption incre

08-21-2025 18:36:52

Dagang Oilfield UGS cluster hits annual storage and withdrawal capacity of 3 bcm

Shandong (JLC), August 21, 2025--The annual storage and withdrawal capacity of Dagang oilfield underground gas storage (UGS) cluster reached over 3 billion cubic meters (bcm).

08-21-2025 18:11:28

China's apparent kerosene consumption hits 50-month high in July

Guangzhou (JLC), August 21, 2025--China's apparent consumption of kerosene in July 2025 rose to a 50-month high, mainly driven up by increasing domestic production.

08-21-2025 17:59:50

China's apparent diesel consumption retreats in July

Guangzhou (JLC), August 21, 2025--China's apparent consumption of diesel decreased month on month in July 2025 because of higher exports and slightly lower output.

08-21-2025 17:58:16

China's apparent gasoline consumption rises again in July

Guangzhou (JLC), August 21, 2025--China's apparent consumption of gasoline extended monthly gains in July 2025, on the back of larger production.

08-21-2025 17:56:32

China’s July BCS imports increase on month

Shandong (JLC), August 21, 2025--According to data from General Administration of Customs of the PRC, in July 2025, China imported 15,307.23 mt of butyl cellosolve (BCS).

08-21-2025 17:25:42

China carbon black imports down, but exports up in June

In June, the imports of carbon black decreased compared to the previous month, but the exports increased month on month, according to the data from General Administration of Customs of China.

08-21-2025 16:58:38

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

Recycled PE market to keep flat despite coming peak season

Recycled PE market is likely to keep flat in late August, though the peak season approaches. Demand recovery remains slow, but the cost-side support is moderate, jointly leading to a market impasse.

08-21-2025 15:47:22

China’s BCS market prices extend downtrend on weak demand

Shandong (JLC), August 21, 2025—China’s BCS market prices continued to decline, weighed down by weak downstream demand.

08-21-2025 15:39:58

China’s VAC prices fall on supply surplus and weak demand

Shandong (JLC), August 21, 2025--China vinyl acetate (VAC) prices have been falling since late July amid oversupply and waning demand.

08-21-2025 15:38:22

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