China’s H1 bonded bunker sales seen lower on year, weighing on expansion plans

China’s bonded bunker sales for the first half of 2022 are on track to post a year-on-year decline, weighing on the country’s ambitions of expanding its bunkering market, analysts said June 24. High prices of low sulfur fuel oil bunkers have curbed demand in June amid lean inventories, and come on top of January-May data showing a 5.7% year-on-year decline….