China fuel oil yield remains below 4% as industry awaits cues on tax rebates

Capt. John

China’s fuel oil yield will likely not rise as significantly as initially envisaged from the current 3.6% until Beijing provides tax rebates for the supply of domestically produced fuel oil to bonded bunker fuel ports and for export, industry sources told S&P Global Platts this week. State-owned...

https://www.hellenicshippingnews.com/china-fuel-oil-yield-remains-below-4-as-industry-awaits-cues-on-tax-rebates/

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