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China data: Independent refineries crude imports rise by 1 8% on month in May | Hellenic Shipping News Worldwide

Feedstock imports for China’s independent refineries rose by 1.8% month on month to 3.71 million b/d, or 15.7 million mt in May, as the refiners stockpiled bitumen blend ahead of the introduction of a new consumption tax on the fuel, data collected by S&P Global Platts showed on June 4. Bitumen blend imports jumped 15.2% .

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