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Chinese refineries will slash throughput in April and lift oil product exports from initial plans to compensate for falling domestic demand due to COVID-19 lockdowns. As a result, 10 refiners from the 11 polled Sinopec and PetroChina refining sources said they have cut their April throughput by 30,000-100,000 mt from their initial planned volumes or . ....
China’s crude throughput rose 4.6% year on year to 14.13 million b/d in 2021 despite refineries cutting crude runs by 2.1% in December to offset product inventory pressure, National Bureau of Statistics data released Jan. 17 showed. The higher throughput in 2021 was attributed to refining capacity expansion, and as refineries produced more oil products . ....
Editors' picks for 2021: 'No end in sight for China's dependence on Australian iron ore' aspistrategist.org.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aspistrategist.org.au Daily Mail and Mail on Sunday newspapers.
The average utilization rate at China’s four state-owned refiners rebounded by two percentage points to 82.6% in November, from a five-month low of 80.6% in October, while independent refiners also raised run rates with refining margins remaining good. The four state oil companies Sinopec, PetroChina, CNOOC and Sinochem planned to process a total . ....
DCE iron ore futures market rose by 5.56% today, the main contract closed 637.5,the quotation was decreased from yesterday. some traders were active to sell, but som e steel mills purchasing enthusiasm is not high.so today’s overall market transaction atmosphere in general. PBF at Shandong port dealt 785 yuan/mt, decreased 25 yuanmt over yesterday. Port . ....