CHINA DATA: Plentiful quotas propel independents’ feedstock imports to 29-month high in Dec

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China’s independent refiners ended the year on a robust note by boosting feedstock imports nearly 12% year on year in December, making it the highest inflows in 29 months, as buyers rushed to use up the plentiful unused crude import quotas and stockpile cargoes ahead of Lunar New Year holidays. But inflows could take a breather in January as trading…