Shandong Independent Refineries Operating Rates Increased Slightly This Week
According to SCI, the average operating rate of CDUs at Shandong independent refineries dropped to 66.06% as of January 16, up 0.62% week-on-week. No newly added units’ maintenance was seen among the independent refineries this week. One refinery in Linyi finished its units’ maintenance, and other refineries kept stable operating rates. Accordingly, the average operating rate of the CDUs at Shandong independent refineries increased slightly this week.
The refineries’ sales volume of gasoline and diesel is expected to increase next week, as the Spring Festival holiday is coming. Most refineries will keep stable operating rates. SCI holds that the average operating rate of CDUs at Shandong independent refineries will be largely stable next week.
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