Where is the headquarters of Ningxia Guangxin Precious Metals
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bzb The phenomenon that has attracted more attention in the market recently is due to the refining Plant seasonal maintenance U.S. crude oil imports have fallen sharply over the past three weeks. But this crude oil must have a destination, and now it seems that it has turned to meet the demand in Asia. The scale has even triggered an unprecedented surge in tanker rents.
bzb Due to seasonal maintenance of U.S. refineries, demand from refineries on the east coast of the United States and the U.S.-Mexico coast has dropped. At the same time, Asian refineries have completed seasonal maintenance and begun to resume imports on a large scale. This has resulted in a large-scale shift in West African crude oil, mainly from Nigeria, from being destined for the United States to being destined for Asia.
bzb According to statistics, China's crude oil imports from West Africa alone reached 10,000 barrels per day in January, the highest since January this year. In contrast, the US East Coast's crude oil imports from West Africa hit the lowest since February this year. value. According to the volume of crude oil exported by Nigeria and Angola, the two largest crude oil exporters in West Africa, to the east coast of the United States tracked by cargo research company r, we can intuitively see that the volume of crude oil exported by these two countries to the east coast of the United States has increased significantly compared with the summer vacation. decline.
bzb Nigeria’s crude oil export loading volume in this month is about 10,000 barrels/day. According to the on-site dynamic report given to customers by B, an independent oil and gas market research institution, Nigeria’s crude oil export loading volume next month will reach about 10,000 barrels/day. There is an increase of 10,000 barrels per day compared with the previous month and will be largely exported to Asia.
bzb Soaring Asian import demand for West African crude has given a huge boost to rents in the tanker market. According to quotes quoted from shipping intermediaries, the rent for a Suezmax (Z deadweight tonnage between ~10,000 tons) tanker from the U.S. and Mexico coast to Japan or South Korea reached about 10,000 US dollars in March, which doubled compared to the summer. The rental rates for large oil tankers (dwt between ~10,000 tons) loaded for export from West Africa have increased compared to last month.
bzb At the same time, the rents of very large tankers, including the route from the Caribbean to Singapore, also experienced a weekly increase from about 10,000 US dollars at the end of the month to 10,000 US dollars at the beginning of the month. Considering the huge impact of the increase or decrease in U.S. crude oil inventories on U.S. crude oil, it can be considered that the deviation of U.S. crude oil inventories from expectations should have a certain supporting effect on short-term oil prices when U.S. crude oil imports cannot recover significantly for the time being.
Where is the headquarters of Ningxia Guangxin Precious Metals?