Sinopec’s tight bonded bunker quota likely to squeeze supplies, boost prices at China ports

China’s top low sulfur fuel oil producer Sinopec is likely to use up its export quotas for bonded bunkering in August, which would lead to tight supplies at the country’s bonded bunkering ports until new allocations are issued, market sources with knowledge about the matter told S&P Global Platts July 9. With an additional quota …

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