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China bonded bunker sales rise on increased supply

Beijing (JLC), May 6, 2020--Chinese bonded bunker sales set at 2.6 million mt in the first quarter in 2020, up 7.6% on a yearly basis, due to a series of policies encouraging the bunker market, JLC data. shows

05-06-2020 18:18:57

Oman crude refining profit increased by CNY133/mt to CNY134/mt

The theoretical processing light offshore crude profit of independent refineries increased by CNY214/mt WoW to CNY151/mt, as gasoline and diesel prices rebounded from the low point.

12-29-2017 10:17:54

Shandong teapots’ run rate increased by 0.52 percentage points WoW to 70.11%

According to JLC statistics from 41 Shandong independent refineries, up to December 20th, 2017, the CDU run rate was 70.11%, up 0.52 percentage points week on week

12-21-2017 17:51:24

Shandong teapots’ run rate increased by 0.72 percentage points WoW to 69.59%

According to JLC statistics from 41 Shandong independent refineries, up to December 13th, 2017, the CDU run rate was 69.59%, up 0.72 percentage points week on week as Jincheng Petrochemical restarted its CDU.

12-14-2017 10:58:00

Sinopec & PetroChina asphalt output increased YoY

China domestic asphalt apparent consumption read 25.8493 million mt in 2017, up 5% year on year. The imports read 4.3365 million mt, down 6% year on year. The output read 21.7899 million mt, up 8% year on year.

12-08-2017 17:22:19

Asphalt demand in waterproof membrane industry increased noticeably

China domestic asphalt is mainly applied in road construction, waterproof membrane, coking material and bunker, in which road construction proportion amounted to around 85%.

12-08-2017 15:29:40

China other teapots' run rate increased by 3.76 percentage points WoW to 53.07%

According to JLC statistics from 41 Shandong independent refineries, up to November 29th, 2017, the CDU run rate was 68.63%, up 0.87 percentage point week on week as Wantong Petrochemical restarted and Dongfang Hualong recoved its normal processing volume.

12-01-2017 16:13:14

Shengli crude refining profit increased by CNY42/mt to CNY591/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY512/mt, up CNY35/mt week on week as refined products’ sales revenue increased slightly amid the rangebound global market.

11-23-2017 14:18:19

Shandong teapots’ run rate increased by 0.19 percentage points WoW to 67.76%

According to JLC statistics from 41 Shandong independent refineries, up to November 22nd, 2017, the CDU run rate was 67.76%, up 0.19 percentage point week on week as China Oversea Energy’ CDU started normal operation and Dongfang Hualong restarted its CDU.

11-23-2017 10:31:45

China other teapots’ run rate increased by 0.29 percentage points WoW to 49.31%

According to JLC statistics from 41 Shandong independent refineries, up to November 15th, 2017, the CDU run rate was 65.57%, up 0.24 percentage point week on week as China Oversea Energy restarted operating.

11-15-2017 16:09:34

Shengli crude refining profit increased by CNY140//mt to CNY601/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY531/mt, up CNY160/mt week on week as refined products’ sales revenue increased greatly amid the bullish global market.

11-10-2017 16:47:06

Shandong teapots' run rate increased by 2 percentage points WoW to 67.33%

According to JLC statistics from 41 Shandong independent refineries, up to November 8th, 2017, the CDU run rate was 67.33%, up 2 percentage points week on week as some refineries’ CDU began to operate normally.

11-10-2017 16:41:18

Offshore crude refining profit increased by CNY45/mt WoW to CNY371/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY371/mt, up CNY45/mt week on week as refined products’ sales revenue continued to rise, but the increase was limited as offshore crude price moved up.

11-06-2017 09:37:04

Oman crude refining profit increased by CNY17/mt WoW to CNY339/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY426/mt, up CNY51/mt week on week as sales revenue of independent refineries rose amid the bullish refined products market.

10-26-2017 11:10:17

Bunker fuel margin in East China increased slightly due to shale oil price slump

Earlier in October, Russian news agency reported that OPEC and non-OPEC oil-producing countries would hold a meeting again in a few days to discuss crude output cut deal extension and other issues.

10-26-2017 10:28:55

Fuel oil exports increased from January to August due to growing bonded bunker demand

According to General Administration of Customs of the PRC, China exported 7.0361 million mt of fuel oil during the first eight months in 2017, up 683,500 mt or 10.76% year on year, and among which bonded bunker accounted for the main part.

10-25-2017 17:56:08

Coking unit’s margin increased by CNY46/mt WoW to CNY531/mt

The theoretical profit of processing light offshore crude of independent refineries reached CNY375/mt, up CNY15/mt week on week as sales revenue increased slightly this week.

10-19-2017 09:54:47

Shengli crude refining profit increased by CNY171/mt WoW to CNY477/mt

The theoretical processing light offshore crude profit of independent refineries reached CNY351/mt, up CNY114/mt week on week as downstream product price gain kept high this week, although light offshore crude price increased slighlty.

09-30-2017 19:47:11

Processing Shengli crude profit increased by CNY80/mt amid diesel price hike

The theoretical processing light offshore crude profit of independent refineries reached CNY237/mt, up CNY27/mt week on week as downstream product price gain was high in this week, although light offshore crude price grew in line with international crude price.

09-21-2017 16:19:21

Refined product market is expected to move up amid increased end demand

Oil price slumped recently amid crude oversupply, as US refinery run rate was heard having dropped sharply. Meanwhile, China’s crude import volume in August declined to the bottom of 2017, which also triggered worries about demand decrease and weighed on the market.

09-19-2017 17:36:49

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