CHINA DATA: State-owned refiners raise Jan run rates to 81%

The average utilization rate at China’s four state-owned refiners rebounded in January to 80.7%, with nearly 1.53 million b/d capacity coming online following scheduled maintenance, while independent refiners largely retained high run rates, S&P Global Platts data showed Jan. 27. This was about three percentage points higher from the eight-month low of 78.2% in December, ...

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