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Asia light ends: Key market indicators for July 26-30 | Hellenic Shipping News Worldwide


Asia light ends: Key market indicators for July 26-30
The direction of Asia’s light ends markets was mixed in mid-morning trade July 26, with gasoline driven up by a stronger US RBOB-Brent crack; though this may be balanced by ample Chinese exports in August.
LPG was poised to see a third consecutive increase in term contract prices for August as swaps values remained firm at the start of the July 26-30 trading week, while naphtha was supported by crude oil even though end-user demand was muted.
Front-month ICE September Brent crude futures stood at $73.74/b at 11:47 am Singapore time (0347 GMT) July 26, down 36 cents/b from the previous close. ....

Saudi Arabia , Ras Tanura Chiba , September Brent , Saudi Aramco , Zhejiang Petroleum Chemical , Zhejiang Petroleum , Yunnan Petrochemical , August September Mean , Platts Japan , North Asia , Middle East , சவுதி அரேபியா , செப்டம்பர் ப்ரெண்ட் , சவுதி அரம்கோ , ஜெஜியாங் பெட்ரோலியம் இரசாயன , ஜெஜியாங் பெட்ரோலியம் , யுன்னன் பெட்ரோ கெமிக்கல் , ஆகஸ்ட் செப்டம்பர் சராசரி , வடக்கு ஆசியா , நடுத்தர கிழக்கு ,

CHINA DATA: Throughput to ease from 7-month highs as refineries set to go offline


CHINA DATA: Throughput to ease from 7-month highs as refineries set to go offline
China’s crude throughput in March is expected to ease from seven-month highs seen in February, as refiners embark on a much delayed maintenance spree after postponing them last year in the wake of COVID-19, a move that could put downward pressure on oil products availability.
About 50 million mt/year of refining capacity at six state-owned refineries five from Sinopec and one from CNOOC is expected to be shut over the March-April period, while May could also witness some maintenance, albeit at a relatively lower capacity level, latest industry data and information collected by S&P Global Platts showed. ....

Zhejiang Petroleum Chemical , Changling Petrochemical , Jinan Petrochemical , Cangzhou Petrochemical , Yunnan Petrochemical , Sichuan Petrochemical , North China , Quanzhou Petrochemical , Hengli Petrochemical , Zhejiang Petroleum , Northeastern China , Zhenghe Petrochemical , Jiujiang Petrochemical , Shanghai Petrochemical , Yanshan Petrochemical , Yangtze Petrochemical , Jilin Petrochemical , Fushun Petrochemical , Maoming Petrochemical , Shijiazhuang Petrochemical , Guangzhou Petrochemical , ஜெஜியாங் பெட்ரோலியம் இரசாயன , ஜினன் பெட்ரோ கெமிக்கல் , யுன்னன் பெட்ரோ கெமிக்கல் , ஸிச்வாந் பெட்ரோ கெமிக்கல் , வடக்கு சீனா ,

CHINA DATA\: Dec crude oil throughput falls as refiners cut monthly run rate to 78%


CHINA DATA: Dec crude oil throughput falls as refiners cut monthly run rate to 78%
China’s crude throughput fell slightly in December, with both state-run and independent refiners posting lower run rates due to some maintenance works toward the year-end, latest industry data and information collected by S&P Global Platts showed.
State-run PetroChina’s average run rate fell this month due to maintenance at its subsidiary refineries, while another state-owned Sinopec’s run rates at its refineries were relatively steady from November.
The average run rate of the four state-owned oil majors, Sinopec, PetroChina, CNOOC and Sinochem, stood at around 78% to date in December, compared with the 80% average in November, according to the data. ....

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