FOFT: Ningbo Zhongjin Petrochemicals of China Buying High Sulfur SRFO from Spot Market

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Chinese private-owned Ningbo Zhongjin Petrochemicals has imported straight run fuel oil(SRFO) mainly from spot market since last year. The company had imported about 3 million metric tons of SRFO on both a spot and term basis after its start-up in August 2015.