中国石化新闻网讯 据普氏能源资讯7月15日新加坡报道,最近全球炼油厂的一系列问题为7月亚洲炼油利润提供了急需的推动,改善了整体区域的基本情况并开放了套利机会。
消息人士向标准普尔环球普氏表示,自今年5月以来一直在应对供应过剩的汽油市场,由于越南德拉吉炼油厂20万桶/日的减产以及菲律宾国家石油公司佩特龙巴丹工厂的18万桶延迟重启的消息,7月份对快速货物的需求增加。
根据普氏能源资讯的公开招标,由于这些问题,已出现估计约67万桶的额外汽油需求。
此外,美国大西洋和墨西哥湾沿岸的一系列炼油厂停运对美国纽约商品交易所(NYMEX RBOB)期货产生了重大推动作用。因此,上周五亚洲股市收盘时,新加坡离岸价92RON汽油兑洲际交易所(ICE )布伦特原油期货飙升至8.86美元/桶的多个月高点,反映出美国RBOB/布伦特原油期货差距增加,在7月份迄今的平均每桶16.32美元,较6月份的平均11.76美元大幅度上升。
一位交易员称,我认为这种高汽油裂解水平可以维持一段时间; 这取决于美国支持的持续时间。
美国大西洋和海湾沿岸的问题也使亚洲石脑油市场受益,因为在开放的欧洲-美国套利路线上的活动上升,促使欧洲汽油公司寻求更多的资本。
因此,据说有几批石脑油在该区域内被消费,而不是运往东部,这使亚洲持续的石脑油供应过剩得到了温和的缓解。
预计到7月,约110万吨的套利石脑油运到远东,较6月份的130万吨有所下降。
郝芬 译自 Platts
原文如下:
Analysis: Asian distillate refining margins receive boost from plant issues
A recent slew of issues at refineries around the globe has provided a much-needed boost to Asian refining margins in July, improving overall regional fundamentals and opening arbitrage opportunities.
The gasoline market, which has been grappling with a supply overhang since May, has seen an uptick in demand for prompt cargoes in July on news of run cuts at the 200,000 b/d Nghi Son refinery in Vietnam and the delayed restart of Petron's 180,000 b/d Bataan plant in the Philippines, sources told S&P Global Platts.
An estimated 670,000 barrels of additional gasoline demand has emerged as a result of these issues, according to open tenders seen by Platts.
In addition, a series of refinery outages on the US Atlantic and Gulf coasts have provided a significant boost to US NYMEX RBOB futures. As a result, the FOB Singapore 92 RON gasoline crack against front-month ICE Brent crude futures surged to a multi-month high of $8.86/b at the Asian close Friday, mirroring the increase in US RBOB/Brent cracks -- which have averaged $16.32/b to date in July, up sharply from the $11.76/b averaged in June.
"I think this high gasoline crack level can be sustained for a while; it really depends on how long the support from the US is going to last," one trader said.
The issues on the US Atlantic and Gulf coasts have also benefited the Asian naphtha market, as an uptick in activity on the open Europe-US arbitrage route has prompted European gasoline blenders to seek more of the blendstock.
As a result, several naphtha cargoes were heard to have been consumed within the region rather than sent East, lending a mild reprieve to Asia's persistent oversupply of naphtha.
Around 1.1 million mt of arbitrage naphtha is expected to arrive in the Far East in July, down from 1.3 million mt in June.