Chimbusco suspends all China bunker postings

China Marine Bunker (PetroChina) Co., or Chimbusco, no longer issues posted prices for the bunker fuel it supplies at Guangzhou, Zhanjiang, Fujian and Fangchenggang ports in China, effective July 1, 2010.

These postings, which appear on Platts Global Alert 996 and in Platts Bunkerwire, are directly supplied by Chimbusco.

The latest announcement comes after a notice published in April by Chimbusco to stop issuing posted prices for Dalian, Qinhuangdao, Qingdao and Lianyungang ports.

Following the latest announcement by Chimbusco, Platts will no longer publish posting prices of 180 CST, 380 CST and marine gasoil bunker fuels for all Chinese ports on PGA 996 and Bunkerwire from August 2, 2010.

Please send any queries to asia_bunkers@platts.com.