China’s crude throughput has started to fall in March with refinery maintenance kicking in since late February, and likely to continue over April-June, latest industry data and information collected by S&P Global Platts showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A combined capacity of 36 million mt/year of refining capacity at five state-owned refineries has been offline till late March, including four from Sinopec and one from CNOOC. These included Sinopec’s Yanshan Petrochemical, Jinan Petrochemical, Changling Petrochemical and Jinling Petrochemical, with Jiujiang Petrochemical postponing the maintenance from March till April. The start of the maintenance has trimmed down March run rate at the four state-owned oil majors — Sinopec, PetroChina, CNOOC and Sinochem to 78.8%, compared with a seven-month high of 82.8% in February, according to Platts data. However, the March run rate was still nine percentage points higher from 70% […]