CHINA DATA: Independent refineries’ feedstock imports up 6.7% on month in March

The combined feedstock imports for China’s independent refineries in March recovered 6.7% to 14.055 million mt from the four-month low in February, but the trend is unlike to sustain in April, S&P Global Commodity Insights’ data showed on April 7. Weakening domestic demand for oil products amid the current wave of COVID-19, crude prices volatility and uncertainties in payment, shipping…