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Singapore (Platts)--25 May 2015 528 am EDT/928 GMT
China's April imports of crude oil from Middle East suppliers rose 10%
year on year to a record high of 16.61 million mt or 4.06 million b/d, led by
Saudi Arabian supply, according to detailed data released Saturday by the
General Administration of Customs.
Singapore (Platts)--25 May 2015 512 am EDT/912 GMT
China's styrene monomer imports from the US almost tripled in April, amid
major turnarounds taking place in South Korea -- China's main supplier -- over
March-May, trade sources said Monday, May 25.
The North Sea crude oil market showed mixed signals May 15, with Dated Brent versus second-month cash up $0.21/barrel at minus $0.94/b, even as Forties came off a touch.
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The physical 3.5 FOB Rotterdam barge market trended higher at the prompt February 27, with RMG material leaving Europe for arbitrage destinations, traders said. "The market is getting tighter for RMG...we expect stronger pricing for barges in March," one said. At the same time, supply was sufficient for cracked fuel oil, with a lot of straight run and M-100 being blended into the finished grade pool, albeit at relatively high costs, sources said.