Crude imports for China’s independent refineries further rebounded 8.3% at 13.19 million mt in April, or 3.22 million b/d, from 12.2 million mt in March, with Shandong independent refineries booking more cargoes last month, showed a monthly survey by S&P Global Platts Friday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This was largely in line with market expectation that April imports were likely to be slightly higher at around 13 million mt, Platts reported earlier. Looking forward, more cargoes will flood into the Shandong market in late May and June as refineries rushed to book cargoes when prices plunged in March. The April rebound was a second month-on-month consecutive build up from a six-month […]