October 13th China customs data show that China September crude oil imports rose 18% to 33 million 60 thousand tons

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October 13th China customs data show that China September crude oil imports rose 18% to 33 million 60 thousand tons, 8 million 80 thousand barrels / day, the highest level since this year. In addition, the General Administration of customs data show that the first three quarters of China crude oil imports 2.84 tons, an increase of 14%.
A substantial increase in imports of crude oil refining enterprises, Shandong contribution maximum.
Chung petrochemical data show that the first 8 months of Shandong to refining crude oil imports accounted for nearly 10% of the nation’s imports, this is the most important incremental imports this year.

Chung Petrochemical analyst Li Yan said, now has the right to use imported crude oil and the right to import crude oil 13 smelting enterprises, the total production capacity of 60 million 700 thousand tons / year; and has a “two rights” 11 Shandong to refining, the total production capacity of 46 million 200 thousand tons / year; and 13 months total imports of crude oil refining 1-8 has “two rights” about 26 million 480 thousand tons, 11 Shandong refining 1-8 month crude oil imports total about 22 million 560 thousand tons.
He further said that overall this year 1-8 month of the 11 Shandong refining capacity utilization rate is about 70%-80%, and the 13 overall domestic refining capacity utilization rate is about 63%-67%. Therefore, after calculation, found that “two import rights” of the 13 domestic refining processing of imported crude oil processing of raw materials accounted for the proportion of about 84%, won the “11 Shandong imported two rights” refining processing of imported crude oil processing of raw materials accounted for the proportion is about 81%. But because there are many places in Shandong have the right to import crude oil refining, so the whole Shandong refining processing of imported crude oil accounted for is not so high.