China Oil, Gas and Chemical Sector: Weekly tracker: Chemical stock index down9% since June; PP/PVC/PFY inventory down WoW-20260715
ab 14 July 2026 Global Research China Oil, Gas and Chemical Sector Weekly tracker: Chemical stock index down 9% since June; PP/PVC/PFY inventory down WoW Refining: teapot refinery utilisation improved; crude inventory built SOE refineries' average utilisation declined 0.12ppt WoW to 67.8% last week. Utilisation at teapot refineries recovered by 3.6ppt WoW to 46.58% as some refineries increased their utilisation on improving refining margins. China's total crude throughput declined 236kb/d WoW to 11,833kb/d ...