Free Trial

CDU Utilisation Rates at China’s Teapots Falls on Week

OIL

CDU capacity utilisation rates at China’s independent refineries were down 0.57 percentage points to average 63.64% in the week to Nov. 30, according to OilChem.

  • At independent refineries in the refining hub of Shandong province, CDU capacity utilisation rates averaged 57.72%, up 0.16 percentage points on the week.
  • That puts CDU rates at Shandong teapots 9.37 percentage points lower than the same time in 2022.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.