Bunker Fuel

JLC China Bunker Market Monthly Report (November 2025)

China sold about 1.67 million mt of bonded bunker fuel in November, with the daily sales at 55,623 mt, a rally of 8.51% month on month, JLC’s data shows.

Published

6 months ago

December 11, 2025

Admin

JLC China Bunker Market Monthly Report (November 2025)

Beijing-based commodity market information provider JLC Network Technology Co. recently shared its JLC China Bunker monthly report for November 2025 with Manifold Times through an exclusive arrangement:

Bunker Fuel Demand

China’s bonded bunker fuel sales rebound in November

China sold about 1.67 million mt of bonded bunker fuel in November, with the daily sales at 55,623 mt, a rally of 8.51% month on month, JLC’s data shows.

Bonded bunker fuel sales in East China recovered in the month, though those in South China were still depressed by decreasing availability of ships.

Regarding the sales by supplier, the sales by Chimbusco, Sinopec (Zhoushan), SinoBunker and China Changjiang Bunker (Sinopec) respectively settled at 450,000 mt, 530,000 mt, 50,000 mt and 10,000 mt in the month, while those by suppliers with regional bunkering licenses settled at 628,700 mt.

China’s daily LSFO output increases in November Chinese refiners produced about 994,000 mt of LSFO in November, with the daily output at 33,133 mt, up by 2.30% month on month and 113.30% year on year, JLC’s data shows.

Specifically, Sinopec’s daily LSFO output rose moderately , with Jinling Petrochemical and Shengli Oilfield slightly boosting their production. However, Qingdao Petrochemical cut its production, putting a cap on the increase in Sinopec’s overall output.

PetroChina’s daily LSFO output also increased in the month, but the increase was limited by Dalian WEPEC’s production cut amid maintenance of a hydrotreating unit.

CNOOC’s daily LSFO output grew as well. The company’s Zhoushan Petrochemical and Huizhou Refinery boosted their daily production, while Zhoushan Petrochemical cut its production and Taizhou Petrochemical suspended production amid tight export quotas.

ZPC and Sinochem did not produce any LSFO in November, but the latter exported about 15,000 mt of MGO.

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Domestic-trade bunker fuel demand slips again in November

Domestic-trade heavy bunker fuel demand slipped to 350,000 mt in November, down by 20,000 mt or 5.41% month on month, JLC’s data shows. Market sentiment was quite bearish amid a traditionally weak season.

Meanwhile, the operation of some ports was hindered by strong winds and cold weather, which also depressed downstream bunkering demand.

At the same time, domestic-trade light bunker fuel demand settled at 160,000 mt, a dip of 5,000 mt or 3.03% from the prior month, the data shows. Most deals were still based on rigid demand.

Bunker Fuel Supply

China’s bonded bunker fuel imports retreat in October

China’s bonded bunker fuel imports retreated in October, with fewer arrivals of bonded HSFO and MGO.

Chinese bunker suppliers imported 518,800 mt of bonded bunker fuel in the month, a decline of 4.53% month on month and 23.19% year on year, JLC’s calculations show, based on the GACC data.

Bonded distributors cut their imports of HSFO and MGO amid relatively lukewarm bunkering demand.

However, they imported more bonded LSFO when domestic production continued to decline. Malaysia became the largest bonded bunker fuel supplier to China in October, exporting 341,600 mt of bonded bunker fuel, accounting for 65.85% of China’s imports. Singapore slipped to the second place with 88,800 mt, accounting for 17.12%, while South Korea remained third with 88,400 mt, occupying 17.03%.

China’s bonded bunker fuel imports totaled roughly 5.40 million mt in January-October 2025, soaring by 33.93% from a year earlier, the calculations also indicate.

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Domestic-trade bunker fuel supply largely stable in November

Domestic-trade bunker fuel supply was basically stable in November, as a decline in heavy bunker fuel supply offset a rise in MGO supply.

Chinese blenders supplied about 360,000 mt of domestic-trade heavy bunker fuel in the month, a decline of 10,000 mt or 2.70% month on month, JLC’s data shows.

Though blendstock supply increased slightly, blenders showed limited interest in heavy bunker fuel production, as their blending costs increased amid higher freight rates in Northwest China and downstream bunker fuel demand was lukewarm.

Domestic-trade MGO supply settled at 180,000 mt in November, up by 10,000 mt or 5.88% month on month, the data shows. Independent refineries raised their operating rates amid unit restarts.

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Bunker Prices, Profits

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Editor
Yvette Luo
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Sales (Beijing)
Tony Tang
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Sales (Singapore)
Ginny Teo
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JLC Network Technology Co., Ltd is recognised as the leading information provider in China. We specialise in providing the transparent, high-value, authoritative market intelligence and professional analysis in commodity market. Our expertise covers oil, gas, coal, chemical, plastic, rubber, fertilizer and metal industry, etc.

JLC China Bunker Fuel Market Monthly Report is published by JLC Network Technology Co., Ltd every month on China bunker market, demand, supply, margin, freight index, forecast and so on. The report provides full-scale & concise insight into China bunker oil market.

Note: China-based commodity market information provider JLC Technology has been providing Singapore bunkering publication Manifold Times China bunker volume data since 2020. Data from earlier periods are available here.

Photo credit: JLC Network Technology
Published: 11 December, 2025

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Biofuel

BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

Bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier “Berge Lyngor”, which was bunkered in Singapore in early May.

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BHP and GCMD trial multi-feedstock B100 bio bunker fuel on bulk carrier

BHP and the Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (3 June) said they have blended biofuels from two distinct feedstocks—used cooking oil and waste animal fats —and introduced the lower-emissions marine fuel into a BHP-chartered bulk carrier as part of a pilot project.

The bio-blend in the BHP and GCMD pilot is being used on a BHP-chartered bulk carrier Berge Lyngor, owned and operated by Berge Bulk, transporting BHP iron ore from Western Australia to China. When run on bio-blend, the vessel has the potential to reduce well-to-wake greenhouse gas emissions by approximately 79 per cent per voyage compared to sailing on very low sulphur fuel oil (VLSFO).

The vessel bunkered in Singapore in early May with a B100 bio-blend comprising 50 percent tallow-derived biodiesel, sourced and supplied by HAMR Energy, and 50 per cent used cooking oil (UCOME) supplied by Mitsui & Co Energy Trading Singapore (METS).

Mitsui also blended the fuel and Dan-Bunkering coordinated and executed the bunkering operation, which was performed by Global Energy’s barge MT Maple.

The BHP and GCMD pilot will assess how biofuels from multiple feedstocks can be blended, handled, and introduced under real-world operating conditions using existing used cooking oil bunkering infrastructure.

At the same time, insights from this pilot will help identify solutions to challenges related to fuel quality, handling, traceability, and onboard vessel performance.

Biofuels for global shipping today rely heavily on used cooking oil – a feedstock whose availability is approaching its projected limits. Biofuel from waste animal fats presents a promising option to expand the supply of lower-emissions marine fuels.

The outcomes of the pilot are expected to shed light on the practical steps to integrate biofuel blends from different feedstocks into existing supply chains. The diversity of biofuels will provide shipowners and operators with greater flexibility to optimise fuel procurement based on cost, availability, and lifecycle emissions performance.

Biofuels derived from different feedstocks can exhibit varying properties that may impact operations, including potential corrosion from oxidation, fuel system clogging caused by wax formation, which this pilot aims to assess.

The pilot will trace and verify the biofuel blend’s integrity aimed at bolstering confidence in emissions reductions reporting. The pilot will also provide insights into how robust tracing can support future marine fuel supply chains where biofuels from multiple feedstocks with varying lifecycle greenhouse gas emissions footprints are blended together.

This project is co-funded by the Maritime and Port Authority of Singapore under the Maritime Innovation and Technology Fund (MINT).

Photo credit: Global Centre for Maritime Decarbonisation
Published: 3 June, 2026

Biofuel

NYK starts one-year B100 bio bunker fuel trial on car carrier

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices.

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June 3, 2026

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NYK starts one-year B100 bio bunker fuel trial on car carrier

Japanese shipping firm NYK on Tuesday (2 June) said it has commenced a one-year long-term trial involving the continuous use of 100% biofuel (B100) on an NYK-operated car carrier.

In this trial, NYK will operate a car carrier continuously on B100 for one year to evaluate the impact on engines, fuel supply systems, and operational practices. High-purity biofuels such as B100 are known to be susceptible to degradation from oxygen, light, and heat, raising concerns about the stability of such fuels during long-term use.

In this trial, the biofuel primarily comprises FAME (Fatty Acid Methyl Ester) derived from used cooking oil and similar feedstocks.

The initiative is designed to evaluate the fuel’s effects on the vessel’s equipment and verify operational safety under real-world conditions.

Through this effort, NYK seeks to accumulate technical expertise that will support the broader use of high-purity biofuels and further accelerate efforts to reduce greenhouse gas (GHG) emissions.

NYK has been advancing the use of biofuels through various initiatives. In 2024, the company conducted a trial using biofuel blend B24 and subsequently expanded practical usage to B30. However, the company said there remains limited global experience with the long-term continuous use of B100.

“By collecting long-term operational data through this trial, NYK aims to accumulate valuable technical insights to support both the safe operation of vessels and the wider adoption of high-purity biofuels,” it said.

Photo credit: NYK
Published: 3 June, 2026

Ammonia

AM Green plans to build green ammonia plant at Indian port

Initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes, says VOC Port Authority.

Published

17 hours ago

June 3, 2026

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VO Chidambaranar (VOC) Port Authority on Friday (29 May) said it has signed a Memorandum of Understanding (MoU) with India’s ammonia producer AM Green Ammonia to collaborate in the development of a green ammonia production plant.

The plant will have a capacity of one million tonnes per annum (MTPA) at Tuticorin.

The initiative also includes development of green ammonia handling, storage and bunkering infrastructure, pilot bunkering operations, safety procedures and training programmes.

The project is expected to support the development of green fuel corridors connecting VOC Port with major ports in Europe and Asia, thereby strengthening India’s position in the global green fuels value chain.

VOC Port also signed a Memorandum of Understanding (MoU) with Bureau Veritas (India) Pvt. Ltd., to collaborate on Green Port certification, emissions accounting, ESG reporting, safety validation, development of green bunkering practices, and establishment of a Centre of Excellence for green fuels and sustainability.

The port also plans for an upcoming 750 m³ green methanol bunkering facility.

Photo credit: Naveed Ahmed on Unsplash
Published: 3 June, 2026