Heavy sweet Asian/Pacific crudes remained in demand Monday, as Taiwan CPC Corp. was heard to have bought one VLCC each of Djeno and Cabinda crudes, skipping the Asian grades, however the seller and price details could not be confirmed.There was also talk that a Chinese trading house bought a small parcel of 100,000 barrels of Duri for October lifting, to combine with another crude for delivery, at a premium of around $2.70/barrel over the ICP for Duri. Market participants will be monitoring the result on a sale tender for October loading Dar Blend for clues as to where prices for heavy sweets will trade. Heavy sweets have been supported this month due to better refining demand as complex refineries ramped up their operations at secondary units.
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