As of the week ending
April 30, the average CDU run rate at Shandong independent refineries stood at 53.92%,
down 0.09 percentage points WoW. This week, no additional refineries underwent
turnarounds or restarted their units. In the meantime, most refineries
sustained steady utilization, despite several refineries marginally adjusting
their crude throughput. Overall, the average CDU run rate at Shandong
independent refineries slightly dipped.
In
the coming week, most refineries may sustain stable operations during the May
Day holiday, and no additional refineries are scheduled to shut down for
maintenance or restart units. Therefore, the average CDU run rate at Shandong
independent refineries is anticipated to stay flat, corresponding to a steady supply
of gasoline, diesel, and other refined products.