Feedstock throughput at China’s independent refineries in the eastern Shandong province fell to a 16-month low in July amid maintenance by some key refiners, pulling down runs that were already under pressure due to weak refining margins, limited export quotas and government crackdowns. The fall contributed to a squeezing of China’s overall crude throughput in .
Crude throughputs at China’s independent refineries in eastern Shandong province fell 1.3% month on month to 2.38 million b/d or 10.05 million mt in May, marking a 14-month low amid heavy maintenance despite refining margins having risen, according to data from local energy information provider JLC June 9. The previous low was 8.06 .