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China domestic-trade bunker fuel oil prices inch up on firm cost

China domestic-trade bunker fuel oil prices edged higher in the week ending October 28, as prices of light blending feedstocks were high and bunker fuel oil stocks of blending traders were low.

10-31-2022 16:10:50

Blending margins for bunker fuel oil rise in Bohai Bay

Beijing (JLC), October 19, 2021--Bunker fuel oil blending margins at Bohai Bay moved up in the week ending October 14, as blending traders pushed up bunker fuel oil prices sharply amid high blending cost.

10-19-2021 13:54:06

Sinopec Ji’nan exports first batch of LS bunker fuel oil

Sinopec Ji’nan Refinery in Shandong supplied 2,000 mt of bonded low-sulfur (LS) heavy bunker fuel oil on January 3, its first batch for exports, Sinopec said on its news website.

01-26-2021 18:26:22

China sees surging bonded bunker fuel oil sales in 2020

China found soaring bonded bunker fuel oil sales in 2020 when its prices became more competitive and its economy rebounded fast after the coronavirus was brought under control.

01-08-2021 14:23:38

Sinopec Maoming's bunker fuel oil supply surges in 2020

Sinopec Maoming Petrochemical's supply of bunker fuel oil soared and hit an all-time high in 2020, driven by growing demand for bonded bunker fuel at Chinese ports and better production margins amid a tax rebate.

01-05-2021 17:31:46

Sinopec Maoming’s bunker fuel oil supply almost triples in Jan-Sep

Sinopec Maoming Petrochemical’s supply of bunker fuel oil in January-September hit an all-time high, driven by a tax-rebate policy and a huge rally in demand.

10-28-2020 17:01:02

Liaohe Petrochemical speeds up LS bunker fuel oil production

PetroChina Liaohe Petrochemical in northeast China is boosting its low-sulfur (LS) fuel oil production and proceeds with the construction of facilities for such fuel, PetroChina said on its news website.

08-10-2020 17:38:40

Tianjin exports first batch of very-low-sulfur bunker fuel oil

About 40,500 mt of very-low-sulfur bunker fuel oil (with less than 0.5% sulfur) produced by PetroChina Dagang Petrochemical was unloaded into the bonded warehouse of CHIMBUSCO Tianjin Co on July 17, with coordinated supervision of Xingang customs and Nanjiang customs.

07-21-2020 17:15:42

Sinopec's Jiujiang exports first batch of LS bunker fuel oil

Sinopec Jiujiang Petrochemical supplied nearly 3,000 mt of low-sulfur bunker fuel on May 26, its first batch for exports.

06-04-2020 18:34:27

Sinopec's Yangzi produces first batch of LS bunker fuel oil

Beijing (JLC), April 21, 2020--China’s oil giant Sinopec said recently its Yangzi refinery is able to produce low-sulfur fuel oil for the bunker fuel oil market.

04-21-2020 10:49:07

Shandong ships first batch of bunker fuel oil under export tax rebate

Beijing (JLC), February 24, 2020--Sinopec Qingdao Petrochemical in Shandong had 7,526 mt of bunker fuel oil going through Qingdao customs on February 21, before delivering this batch of fuel to the bonded warehouse in Longkou of Shandong, according to sources from Qingdao customs.

02-24-2020 14:35:41

Zhejiang Petrochemical starts LS bunker fuel oil supply

Zhejiang Petrochemical in east China had 2,000 mt of low-sulfur (LS) bunker fuel oil going through Zhoushan customs on February 21, before delivering this batch of fuel to Chimbusco’s bonded tanks in Zhoushan, according to market sources.

02-21-2020 15:42:34

China removes quotas, consumption tax on bonded bunker fuel oil

China no longer requires quotas for bonded bunker fuel oil supplied to international ships and producers do not need to pay consumption tax on the fuel any longer, according to industry sources.

02-21-2020 11:40:13

China’s bunker fuel oil prices drop amid coronavirus outbreak

Beijing (JLC), February 3, 2020-China’s bunker fuel oil prices dropped around the Lunar New Year holiday between late January and early February, as the coronavirus outbreak centered in the country subdued domestic transportation.

02-03-2020 19:02:54

Sinopec Maoming Petrochem begins production of LS bunker fuel oil

Beijing (JLC), December 5, 2019--Sinopec said on Thursday its 18 million mt/year Maoming Petrochemical has started up its 1 million mt/year low sulfur (LS) bunker fuel blending system and produced on-specification product.

12-05-2019 14:44:16

PetroChina Liaoyang Petrochem starts supplying LS bunker fuel oil

Beijing (JLC), December 5, 2019--China’s oil giant PetroChina said its 9 million mt/year Liaoyang Petrochemical has started to supply low sulfur (LS) bunker fuel oil before the International Maritime Organization’s global sulfur cap comes into force in 2020.

12-05-2019 11:50:00

Qilu Petchem to produce 1 million mt of LS bunker fuel oil in 2020

Guangzhou (JLC), October 30, 2019--Sinopec Qilu Petrochemical in Shandong aims to produce as much as one million mt of low-sulfur bunker fuel oil in 2020, according to sources from Sinopec.

10-30-2019 19:46:34

Blending profits for bunker fuel oil widen in Bohai Bay

Beijing (JLC), September 4, 2019--The blending profits for bunker fuel oil widened in Bohai Bay in August from a month earlier, as blending costs declined larger than bunker fuel oil prices.

09-04-2019 14:11:25

Zhoushan's bonded bunker fuel oil supply rises 12% in H1

The bonded bunker fuel oil supply at China (Zhejiang) Pilot Free Trade Zone in Zhoushan, east China amounted to about 1.9 million mt in the first half of 2019, up by 11.78% year on year.

07-10-2019 16:00:30

Chimbusco launches LS bunker fuel oil blending

Guangzhou (JLC), June 28, 2019--China Marine Bunker Supply Company (Chimbusco) has recently blended low-sulfur (LS) bunker fuel oil that meets the new international standard to take effect in 2020, the first time a Chinese company had done so, according to market sources.

06-28-2019 11:59:32

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