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The general administration of customs: January 34.03 million tons of crude oil imports Increased 27.5% year-on-year

The general administration of customs: January 34.03 million tons of crude oil imports Increased 27.5% year-on-year

  • Categories:Industry News
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  • Time of issue:2020-03-31 14:57
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The general administration of customs: January 34.03 million tons of crude oil imports Increased 27.5% year-on-year

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

According to the voice of China "epicenter wide news" report, after crude oil imports refresh record in December last year, China's crude oil imports in January high growth. Yesterday (10) released by the general administration of customs data show that China's crude oil imports in January 34.03 million tons, up 27.5%; Import amount is 89.99 billion yuan, up 87% from a year earlier.

Compared with the data in the same period last year, China's crude oil imports in January, amount of imports, import price is greatly increased. The main reason lies in the overall level of international oil prices rise sharply than the same period last year.

In January of this year, international oil prices overall running above $50 a barrel, in which the price of brent crude has risen to around $55 a barrel, even $57 a barrel for a time. Last January, February, low of international oil prices in the past decade, international oil prices fell below $30 a barrel.

In accordance with past practice, every year in early January, February often crude oil imports are out of season, by the end of November, December is usually the peak season. In January this year, China's crude imports to breakthrough 34 million tons, more than market expectations.

Crude oil analyst li yan said. "this means that in 2017, China's crude imports may continue to run high." Usually affected by the factors during the Spring Festival in January, refiners often low load operation, imports are low. But in recent one or two years, our country amongs so many brands and a loosening of the right to the use of crude oil, refined as new members of the crude oil import market, promote overall rising crude oil imports in China.

Li yan said that in 2016 a total of 13 to smelting have amongs so many brands to use imported crude oil and crude oil. At the same time, in 2016, the refining of crude oil imports, about account for 11% of China's crude oil imports. At present, the imported crude oil in refining processing has more than half the proportion of raw materials, to desire for the crude oil refining enterprises are still growing. Predicts that as China's oil imports "double right of" constantly open up, to refine crude imports proportion will continue to expand.

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