Flow of unwanted fuel from China set to turn into deluge
Asia processors now have to contend with higher crude prices as well as the threat of lower refining margins
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Seoul
THE pace at which China exports the fuel it doesn't want is set to jump by more than four times in 2018, according to the nation's biggest energy producer.
That's a harbinger of bad news for processors in the rest of Asia - from South Korea to Japan and India - who now have to contend with higher crude prices as well as the threat of the flood dragging down refining margins.
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