ECHEMI.com logo
ECHEMI Slogan: Provide Better Products and Services
back echemi.com homepage
Product
Supplier
Encyclopedia
Inquiry
EN
Analgesics
Anesthetics
Anti-Addiction Agents
Antibacterials
Anticonvulsants
Antidementia Agents
Antidepressants
Antiemetics
Antifungals
Antigout Agents
Anti-inflammatory Agents
Antimigraine Agents
Antineoplastics
Antiparasitics
Antiparkinson Agents
Antipsychotics
Antispasticity Agents
Antivirals
Anxiolytics
Blood Glucose Regulators
Blood Products
Cardiovascular Agents
CNS Agents
Dental and Oral Agents
Dermatological Agents
Electrolytes
Gastrointestinal Agents
Genetic/Enzyme Disorder
Genitourinary Agents
Immunological Agents
Metabolic Bone Disease
Ophthalmic Agents
Respiratory Tract
Skeletal Muscle Relaxants
Sleep Disorder Agents
Oled Material Intermediate
Heterocyclic Compound
Bulk Drug Intermediates
Respiratory Drugs
Hormones and the Endocrine System
Antipyretic Analgesics
Antiallergic Drugs
Antiparasitic Drugs
Antibiotics
Antineoplastic Agents
Anesthetic Agents
Urinary System Drugs
Other Chemical Drugs
Synthetic Anti-infective Drugs
Nervous System Drugs
Fluid, Electrolyte, and Acid-base Balance
Vitamins and Minerals Medicines
Digestive System Drugs
Blood System Drugs
Circulatory System Drugs
Diagnostic Agents
Specialty Drugs
Drug Metabolism
Feed Additive
Anti-stress Drugs
Drugs Influencing Immune Function
Veterinary Raw Materials
Inhibitor Drugs
Brand-Pavilion-pharma
Coating Agent
Preservative
Coloring Agent
Gum Base Agent
Anticaking Agent
Food Antioxidants
Enzyme
Flour Treatment Agent
Leavening Agent
Bleach
Other Food Additives
Emulsifier
Food Flavorings
Water Retention Agent
Acidity Regulators
Sweeteners
Stabilizer and Coagulants
Defoamers
Nutrition Supplements
Thickener
Odorants
Colorant
Film-Forming Material
Coating Additive
Paint Pigment & Filler
Paint Solvent
Brand-Pavilion-paints
Biopesticides
Herbicides
Insecticides
Fungicides
Pesticide Intermediates
Plant Growth Regulators
Fertilizers
Dye
Pigment
Industrial Surfactant
Non-ionic Surfactants
Amphoteric Surfactants
Cationic Surfactants
Anionic Surfactants
Antistatic Agents
Synthetic Fragrances
Natural Spices
Deuterated Reagents
Organic Reagents
Silane Reagent
Chiral Chemicals
Grignard Reagent
Desulfurizer
Antioxidants
UV Absorbers
Polyethylene Glycol Derivatives
Fluorescent Brightener
Plastic Rubber Chemicals
Polymer
Precious Metal Catalysts
Coupling Agent
Zeolite
Flame Retardants
Petrochemical
Lignans
Xanthones
Flavonoids
Terpenes
Iridoid Derivatives
Coumarin and Derivatives
Phenols
Steroids
Phenylpropanoids
Anthraquinone and Derivatives
Chalcones
Alkaloids
Quinone Ring
Sesquiterpene
Elementary Substance
Industrial Gases
Inorganic Bases
Inorganic Acid
Inorganic Salts
Oxides and Peroxides
Silica gel
Non-metallic Minerals
Coating Materials
Phosphorus Compounds
Iron Compounds
Bromine Compounds
Amides
Alcohols, Phenols, Phenol Alcohols
Nitrogen Compounds
Nitrile Compound
Hydrazine or Hydroxylamine Derivatives
Quinones
Ethers and Derivatives
Aldehydes
Carboxylic Acids and Derivatives
Hydrocarbons and Derivatives
Ketones
Inorganic Acid Esters
Heterocyclic Ring
Organometallic Compounds
Organosulfur Compounds
Phosphines
Organometalate
Organic Fluorine Compound
Triazenes
Semicarbazides
Organoselenium Compounds
Nitro Compounds
Nitrates
Lactones
Imines
Free Radicals
Dioxins and Dioxin-like Compounds
Cyanates
Coordination Complexes
Boron Compounds
Azides
Arsenicals
Amino Acids and Proteins
Nucleic Acid Drugs
Enzymes and Coenzymes Drugs
Inhibitors
Biological Response Modifiers
Fat Medicines
Amino Acids and Derivatives
Saccharides
Biochemical Reagents
Nucleoside Drugs
Condensing Agent
Polypeptide
Biosynthetic Natural Products
Plant Extracts
Chinese Herbs
Microbiology Reagents
Protein Research
Lipids
Inflammation Mediators
Standard
Analysis Reagents
Food Safety
Liquid Chromatography
Abrasive
Absorbent
Anticaking
Anticorrosive
Antifoaming
Antimicrobials
Antioxidant Ingredient
Antiperspirant
Antiplaque
Anti-seborrheic
Anti-sebum
Antistatic
Astringent
Binding Agent
Bleaching Agent
Buffering
Bulking
Chelating
Cleansing
Cosmetic Colorant
Cosmetic Preservative
Denaturant
Deodorant
Depilatory
Dissolving Agent
Emollient
Emulsifying Agent
Emulsion Stabilising
Exfoliating
Film Forming
Flavouring
Foam Boosting
Foaming
Fragrance Ingredient
Gel Forming
Hair Conditioning
Hair Dyeing
Hair Fixing
Hair Waving or Straightening
Humectant
Hydrotrope
Keratolytic
Light Stabilizer
Moisturising Agent
Nail Conditioning
Occlusive
Opacifying
Oral Care
Oxidising
Perfuming
Plasticiser
Propellant
Reducing
Refatting
Refreshing
Skin Cleansing
Skin Conditioning
Skin Humectant
Skin Protecting
Smoothing
Soothing
Tonics
UV Filter
Viscosity Controlling
Biocide & Algicide
Corrosion Inhibitor
Flocculant
Water Softener
Water Stabilizer
Price Database

*Price curve comparison and historical data download are available.

Home > News > Valuable News > Oil market's reliance on China shows narrowing options

Oil market's reliance on China shows narrowing options

2020-09-10

China may have given oil markets false hope. A rapidly rebounding economy in the Asian powerhouse had initially revived demand, but bloated inventories and stockpiling by domestic refineries have exposed the fragility of prices.

 
A look at Chinese ports tells the full story. Shandong – home to a host of independent refineries – is completely congested. The volume of crude stored on tankers idled in Chinese waters near the port city for over a week has quintupled from normal levels.
 
Chinese refineries, which had taken advantage of relatively cheap prices over the past quarter, are now struggling to find buyers for products, dampening the appetite for crude further. Oil imports have extended losses as expected – dropping 7.4 per cent to a four-month low of 11.23 million b/d in August from July, data from China’s General Administration of Customs, showed recently.
 
The volumes have been on a decline since July, when they peaked at close to 13 million b/d amid rising stocks in crude and oil products. Crude imports in September are set to decline further, with lower new arrivals than in the previous months. New arrivals into Qingdao port, China’s top crude port on turnover, were estimated to have dropped by about a quarter to 2 million-3 million mt in September from June-August, a port official said.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Previous:

China's bulk commodity market growth slows in August
Next:

Just over a month after the big explosion, another fire broke out in Beirut Port
Comment
Comment

You May Interested In

buy Retatrutide Lyophilized Powder 10 mg vials in kits of 10 Peptide Powder

Retatrutide Lyophilized Powder 10 mg vials in kits of 10 Peptide Powder

$4E+1/UNIT FOB

Jinzhouhongbai
buy GLOW KLOW80 BBG70 popular peptide beauty china factory safe transport

GLOW KLOW80 BBG70 popular peptide beauty china factory safe transport

$1.8E+2/UNIT FOB

Jinzhouhongbai
buy Factory Direct Sales Peptide Best Price Tirzepatide 99% Purity 10mg/15mg/20mg/30mg/40mg/50mg/60mg CAS 2023788-19-2 Tirzepatide Weight Loss Peptide

Factory Direct Sales Peptide Best Price Tirzepatide 99% Purity 10mg/15mg/20mg/30mg/40mg/50mg/60mg CAS 2023788-19-2 Tirzepatide Weight Loss Peptide

$1E+1/UNIT FOB

Changsha Duole Bio Co., Ltd
buy Factory direct sales wholesale price Raw material powder Peptide Retatrutide 2381089-83-2 Research Use Retatrutide Semaglutide Tirzepatide

Factory direct sales wholesale price Raw material powder Peptide Retatrutide 2381089-83-2 Research Use Retatrutide Semaglutide Tirzepatide

$1E+1/UNIT FOB

Changsha Duole Bio Co., Ltd
buy Tirzepatide CAS 2023788-19-2 GLP-1 GIP Agonist Fat Loss Raw Material research Weight Management Peptide

Tirzepatide CAS 2023788-19-2 GLP-1 GIP Agonist Fat Loss Raw Material research Weight Management Peptide

$25/UNIT FOB

Jinzhouhongbai
buy Hot Selling Best Price and 99.9 High Purity Weight Loss Peptides Retatrutide 10mg 20mg/Vial Retatrutide CAS 2381089-83-2 30mg

Hot Selling Best Price and 99.9 High Purity Weight Loss Peptides Retatrutide 10mg 20mg/Vial Retatrutide CAS 2381089-83-2 30mg

$95.26/UNIT FOB

Haikou Mingheng Technology Co., Ltd.
Daily Morning Brief

2026-07-11

1
SocGen to Finance Tycoon’s Cameroon Sugar Mill to Take on Castel
2
Chevron Australia signs five-year gas supply agreement with Alinta Energy
3
New York Sues 3M, DuPont, Others Over PFAS in Consumer Products
4
Air Liquide to invest $200M to support chemical manufacturing expansion in Texas
5
Sherwin-Williams opens Morikis Global Technology Center to advance coatings innovation
View All

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Subscribe

Related News

Recommend Reading

Hot Searches
fluorene
sigmoid colon volvulus
ambroxol ambroxol
disodium pyrophosphate
limestone formula
what is the name of c9h16
silver sulfide
1 2 hexanediol
ambroxol
chlorpheniraminmaleat
tributyl phosphate
nail dystrophy

Scan the QR Code to Share

Trade Alert - Delivering the latest product trends and industry news straight to your inbox.
(We`ll never share your email address with a third-party.)

About Us
About ECHEMI Group About Echemi.com Marketing Kit Sitemap Partners Chemical Knowledge Community Contact Us
Buy on ECHEMI
Search Products List Alphabetically Shop Chemical Products Alphabetically Find Suppliers Alphabetically Get Chemical Data Numerically Find Suppliers by Region Request for Quotation Promotion Top Products
Sell on ECHEMI
Supplier Membership Training Center Success Stories
Customer Services
Learning Center Terms of Use Privacy Notice Policies Rules Penalty Rules Submit a Dispute Anti-Drug Law of the PRC
Follow Us
National-level Technology-based SME
China's Top 100 Industrial Digitalization Enterprises List
The Drafting Unit of the "Specification for Operation and Management of Self-build Cross-border E-commerce Website" of the CCPIT
High-Tech Enterprise

鲁ICP备16009155号-1 | Copyright@Qingdao ECHEMI Digital Technology Co., Ltd.

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.