SINGAPORE : Asia's diesel supplies are set to rise in early 2023 after a year of tight inventories as refiners ramp up output to capture higher margins and China maintains export volumes with new quotas, according to industry sources and analysts.The increasing supply will help Asian refiners capture some
SINGAPORE : Asia's diesel supplies are set to rise in early 2023 after a year of tight inventories as refiners ramp up output to capture higher margins and China maintains export volumes with new quotas, according to industry sources and analysts.
Asia's 2023 diesel supply could rise by almost 3 per cent over the previous year while demand growth will lag behind at around 1 per cent, according to consultancy Wood Mackenzie. Operating rates at Japanese refiners rose last week, according to official data, while Taiwanese refiner Formosa Petrochemical Corp has also raised their average crude runs for January-February to 480,000 bpd from 420,000 bpd in Q4 2022, said company spokesperson K.Y. Lin.
For January, exports are expected to ease to about 2 million tonnes, or 497,000 bpd, according to an average of forecasts from Wood Mackenzie and Chinese consultancies Longzhong and JLC. That is down from 2.79 million tonnes in December but higher than the average of 1.63 million tonnes per month between September and November.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Is 2023 the year Southeast Asia’s financial services become future-ready?Brian Thung, Managing Partner, EY Asean Financial Services Leader, at Ernst & Young LLP shared with Singapore Business Review how 2023 can be the year for Southeast Asia's FSIs to become future-ready. Read more here: SingaporeBusinessReview
続きを読む »
Soaring rents set to climb another 10-15% in Singapore in 2023A breakneck surge in residential rents hammered Singapore’s tenants with increases of about 21% in the first nine months of 2022 – and the pain looks set to continue this year.
続きを読む »
China property sector's drag on economic growth in 2023 lower than 2022BEIJING : The Chinese property sector's drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, head of China's National Bureau of Statistics, said at a news briefing on Tuesday.Property inves
続きを読む »
China-S’pore flights at only 10% of pre-pandemic levels; more expected by end-2023The number of Chinese tourists travelling to Singapore for the upcoming CNY holiday rose by 499 per cent year on year. Read more at straitstimes.com.
続きを読む »
Davos 2023: China open to the world says Vice-Premier Liu in investment pitchDAVOS, Switzerland: China welcomes foreign investment and will continue to open up to the world, its Vice-Premier Liu He said on Tuesday (Jan 17), in an explicit pitch to global leaders in Davos as Beijing works to revive its slowing economy. The visit by China's economic tsar to the World Economic Forum's
続きを読む »
Davos 2023 - Citi CEO Fraser says China opening up is good news for the marketDAVOS, Switzerland : China's opening up is important for the world and there is good news from market friendly measures taken there, Citi Group's chief executive Jane Fraser told a panel at the World Economic Forum's (WEF) annual meeting on Wednesday.It is quite a volatile time in the world, Fraser said,
続きを読む »