Top News on China Bunker Oil markets

The theoretical average blending profit of bunker fuel oil hit a year-to-date low in August amid higher descent in prices compared with that in costs.   2024-2025 China Domestic Trade 180CST Bunker Fuel Oil Blending Profit and Price (Unit: Yuan/t)   Source: OilChem   The blending profit of domestic

In June 2025, China raised fuel oil imports by 7.32% and hiked exports by 87.50% on month, driven by robust demand.   Jul 2024-Jun 2025 China Fuel Oil Imports by Month (Unit: 10 kt) Source: GACC, OilChem   According to the General Administration of Customs of China (GACC), China's fuel oil imports s

Data from the General Administration of Customs of the People's Republic of China (GACC) shows that both the imports and exports of fuel oil in May posted month-on-month declines, on weaker domestic and foreign demand.   China's fuel oil import volume stood at 1,301,700 tonnes in May, down 525,700 t

Based on OilChem's data, China's low-sulphur fuel oil (LSFO) production stood at 979,000 tonnes in May, down 81,000 tonnes or 7.60% month-on-month, due to poor margins.   In May, some state-owned refineries suspended the production of LSFO, and the actual production of LSFO of some others was lower

China's low-sulphur fuel oil (LSFO) production is predicted to total around 14 million tonnes in 2025, up 7.70% year-on-year, on improved demand of international shipping market and an expansion in capacity.   2024-2025 China LSFO Production and Capacity Utilization Rates (Unit: milion tonnes, %) So

Thanks to the improved demand, China's fuel oil imports ceased falling and rallied to 1,827,400 tonnes in April, up 444,800 tonnes or 32.17% from last month, according to data of General Administration of Customs of the People's Republic of China (GACC).                      China

The consumption of bonded bunker fuel oil totaled 1,922,100 tonnes in April, 2025, up 128,400 tonnes or 7.16% from last month, thanks to an improvement in demand.   At major ports in China, the consumption of bonded bunker fuel oil was mixed in April, but the proportion slipped to 77.96%, down 1.22

Based on data from the General Administration of Customs of the People's Republic of China (GACC), China's fuel oil import volume stood at 1,382,600 tonnes in March, down 1,648,400 tonnes or 54.38% year-on-year and down 571,500 tonnes or 29.25% month-on-month, mainly dragged down by the falling appe

China's bonded bunker fuel oil consumption slipped by 5% year-on-year in the first quarter (Q1), 2025, mainly due to a slowdown in recovery of international shipping market demand, and the figure might sustain the downtrend year-on-year, despite an increase of 6% from Q1.   Compared with Singapore P

According to OilChem, China's bonded low-sulphur bunker fuel oil production stood at 965,000 tonnes in March, 2025, down 85,000 tonnes or 8.10% month-on-month, on low margins.   Compared with coking products, the margin of low-sulphur fuel oil was lower, some refineries had low production enthusiasm