Maritime Reader

MARITIME INTELLIGENCE DAILY
11 JUN 2026 THURSDAY
Advanced filters
Keywords | type to search… Date: All time Sources: All Topics: All
Beijing-based commodity market information provider JLC Network Technology Co. recently shared its JLC China Bunker monthly report for May 2026 with Manifold Times through an exclusive arrangement: Bunker Fuel Demand China’s bonded bunker fuel sales slip in May, but still high China’s bonded bunker fuel sales slipped in May, but they were still high, as domestic supply remained sufficient and bonded low-sulfur fuel oil (LSFO) prices were still competitive. The country sold roughly 1.88 million mt of bonded bunker fuel in the month, with the daily sales at 60,626 mt, down by 3.31% month on month, JLC’s data shows. Bonded LSFO prices in Zhoushan averaged $803.68/mt in the month, $11.47/mt lower than those in Singapore, JLC’s data shows. Regarding the sales by supplier, the sales by Chimbusco, Sinopec (Zhoushan), SinoBunker, and China Changjiang Bunker (Sinopec) respectively settled at 440,000 mt, 550,000 mt, 90,000 mt, and 10,000 mt in the month, while those by suppliers with regional bunkering licenses settled at 789,400 mt. China’s LSFO output decreases in May China’s LSFO output decreased moderately in May due to unit maintenance. Chinese refiners produced about 1.19 million mt of LSFO in the month, with the daily output at 38,323 mt, a cut of 5.92% month on month, JLC’s data shows. Specifically, Sinopec’s LSFO output dropped, as Qingdao Petrochemical, Shanghai Petrochemical, Shanghai Gaoqiao Petrochemical, and Hainan Refining and Chemical lowered their output. However, Shengli Oilfield, Maoming Petrochemical, and ZhongKe (Guangdong) Refinery & Petrochemical boosted their production, limiting the decline in Sinopec’s overall output. CNOOC also recorded a drop in its LSFO output, as Taizhou Petrochemical suspended production amid turnarounds. Zhongjie Petrochemical was still under maintenance, while Zhoushan Petrochemical and Huizhou Petrochemical ramped up their production. PetroChina’s LSFO output did
← Back to latest
news Manifold Times ·2026-06-11

JLC China Bunker Fuel Market Monthly Report (May 2026)

Manifold Times
Read full article at Manifold Times →
Opens Manifold Times in a new tab
← Back to latest