Sinopec Shanghai Petrochemical (00338) Releases 2025 Operating Data

Bulletin Express
01/19

Sinopec Shanghai Petrochemical Company Limited (Stock Code: 00338) published its operating results for the twelve months ended 31 December 2025. The report covers production volumes, sales volumes, and sales revenue across refined oil products, chemical products, and key raw material processing costs.

According to the announcement, production and sales of diesel, gasoline, and jet fuel maintained a significant portion of the Group’s refined oil products output. Chemical product lines, including PX, benzene, ethylene glycol, ethylene oxide, polyethylene (PE), polypropylene (PP), and acrylics, also contributed to overall performance, with part of the output used internally. The reported figures exclude trading activities in petrochemical products beyond the scope of the Group’s direct operations.

The average product prices in 2025 experienced year-on-year declines, notably in diesel, gasoline, and jet fuel, which moved -8.22%, -7.57%, and -10.24%, respectively. Key chemicals such as PX and benzene recorded respective year-on-year declines of -13.89% and -24.65%. Meanwhile, ethylene’s average price dipped -4.83%, and ethylene glycol noted a -4.65% change. The average processing cost of crude oil stood at RMB3,872 per ton, down -9.57% year on year.

The announcement emphasizes that these operating statistics are compiled from internal records and remain unaudited, serving as a reference. No express or implied forecast or guarantee regarding future performance is provided. Investors are advised to interpret the data with caution.

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