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China retail-wholesale spread of fuel widens sharply and may sustain growth

Guangzhou (JLC), April 20, 2023 – China’s retail-wholesale price spread of fuel (specifically gasoline and diesel) widened sharply in the past couple of days.

04-20-2023 17:41:31

Shandong diesel-gasoline spread likely to continue widening

The price spread between diesel and gasoline at Shandong-based independent refineries is expected to widen further, due to strong diesel but weak gasoline market fundamentals.

10-25-2022 15:59:50

China retail-wholesale spread of oil products widens sharply

China’s retail-wholesale price spread of oil products widened sharply last week, as wholesale prices failed to rise at the same pace with retail prices amid resistance to the already high-level price.

06-20-2022 12:06:22

China oil products retail-wholesale spread keeps widening in Aug

Beijing (JLC), August 17, 2021--China’s retail-wholesale price spread of oil products continued to widen in August and that of diesel even hit recent years’ high due to the sluggish wholesale market.

08-17-2021 11:28:14

China retail-wholesale spread of oil products widens in July

Beijing (JLC), July 15, 2021--China’s retail-wholesale price spread of oil products widened in July due to higher retail but lower wholesale prices.

07-15-2021 09:10:16

Shandong independents’ margins widen on rising products

Shandong-based independent refiners’ margins climbed for the week ended January 6 as an increase in product prices outpaced a rise in feedstock costs.

01-07-2021 17:33:22

NW-YRD arbitrage for trucked LPG cargo widens in November

Arbitrage for trucked LPG cargo flow from the Northwest (NW) to the Yangtze River Delta region (YRD) remained wide in November, and that from east China to the YRD region slightly increased, mainly amid tight supply in the YRD region.

12-02-2020 15:20:35

Inter-regional arbitrage margins for oil products widen in Nov

Beijing (JLC), November 27, 2020--Arbitrage margins for moving oil products from Northwest China and Shandong to Southwest China both widened in November, due to a sharper rise in gasoline and diesel prices in Southwest China.

11-27-2020 11:00:43

August retail-wholesale price spread of gasoline, diesel widens

The spread between retail and wholesale refined product prices in August became wider due to relatively strong retail prices.

08-26-2020 17:54:41

Inter-regional margins for Shandong oil products widen

Beijing (JLC), August 26--The inter-regional margins of gasoline and diesel produced by Shandong-based independent refiners rose in August amid strong gasoline and diesel prices in regions outside of Shandong, especially Zhengzhou.

08-26-2020 14:18:28

Gasoline-diesel spread widens in China’s wholesale market

Beijing (JLC), June 24, 2020--The gasoline-diesel spread in China’s wholesale market widened slightly in the week ended June 23, thanks to different demand situations for the fuels.

06-24-2020 10:09:26

Blending profits for bunker fuel oil widen in Bohai Bay

Beijing (JLC), September 4, 2019--The blending profits for bunker fuel oil widened in Bohai Bay in August from a month earlier, as blending costs declined larger than bunker fuel oil prices.

09-04-2019 14:11:25

Spread between retail, wholesale oil product prices widens

The spread between retail and wholesale prices of oil products became wider in the past week as wholesale prices lost grounds on soft demand, market sources said.

01-16-2019 14:16:31

Shandong crude refining losses widen further

Beijing (JLC), November 15, 2018--Shandong-based independent refiners incurred wider losses for crude refining in the week ending November 14.

11-15-2018 16:09:12

Shandong crude refining margins widen on product price hike

Beijing (JLC), August 10, 2018--Shandong-based independent refiners’ crude refining margins rose further in the week from August 2 to 8, thanks to sharp gains in product prices.

08-10-2018 15:48:43

Bunker oil blending profits widen on softening feedstock prices

Blending cost for low sulfur & low metal 180 CST bunker oil dropped by CNY80/mt to CNY3,198/mt, while theoretical profits for bunker oil blending widened by CNY51/mt to CNY276/mt.

12-11-2017 14:09:04

Filling stations to continue the price war underpinned by the widen markon

Recently, most gasoline and diesel retail terminals were at wars. Filling stations of Sinopec and PetroChina were competing the market share by reducing the retail price.

06-02-2017 16:13:36

Bunker oil market to maintain weak adjustment and South China blended oil profit to widen

Although bunker oil market in South China was in bearish trend recently with the ex-storage price reaching CNY3,300/mt, some market player stated that the overall transaction was not that bad.

04-26-2017 17:09:26

Olefin deep processing run rate rallies with widening profits in NW China

Deep processing plants in the Northwest enjoyed relatively decent profits in comparison with those in Shandong, which suffered from negative profits.

04-24-2017 15:11:14

Imported mixed aromatics profit widened along with the upward price

In April, domestic oil product market was rallied by the continuously increasing Brent price, therefore the price and delivery of imported mixed aromatics turned better underpinned by the cost.

04-13-2017 10:17:18

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