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CDU Utilisation Rates Fall at China’s Teapots

OIL

CDU capacity utilisation rates at China’s independent refineries fell by 1.67 percentage points in the week to Oct. 26, averaging 68.14%, according to OilChem.

  • Meanwhile, for independent refineries in the hub of Shandong province, CDU capacity utilisation rates saw a larger fall, down 3.03 percentage points on the week to an average of 60.92%.
  • Compared to the same period in 2022, Shandong independent refinery CDU utilisation rates are down 6.91 percentage points.

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