Logo 04 Jan 2024

The next Christmas comes early

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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For the first time ever, China has released a full year's worth of crude oil import quotas in advance.

That's per domestic industry consulting firm JLC, tallying the 41 company quotas issued January 2.

Domestic refiners – mostly independent – can collectively import 183.69 million metric tons of c...