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US spot prices mostly climb on refinery hiccups, distillate draws

机译:我们现货价格主要是爬在炼油厂打嗝,馏分油了

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Spot product prices largely increased in the week to Jan. 29, despite a lack of bull factors, as stronger futures benchmarks put a floor under the prompt markets. Aiding the upside was downed refinery capacity on the Gulf Coast and falling stock levels for middle distillates. Gasoline's supply length continued to grow, keeping a lid on the market. The US EIA's inventory report on Wednesday for the week ending Jan. 22 showed gasoline inventories rose 3.5MM bbl to 248.5MM bbl, up for the 11th straight period. Analysts had expected an increase of 1.5MM bbl. Gulf Coast differentials found some late-week support on news that Motiva Enterprises had shut down a naphtha process complex-including a hydrotreater, reformer, and isomerization unit-due to a malfunction at its 603K-b/d Port Arthur, Texas refinery. The outage, which occurred on Thursday and was expected to last for about 10 days, added to the region's growing list of offline units and plants, as several local refineries have recendy commenced turnarounds or hit snags. However, traders noted, the impact to prices likely would be minimal as regional supplies were abundant. In the Midwest, prices came under heavy pressure amid abundant stocks and aggressive selling. In the Group Three hub, players built up stocks with stronger contracts seen ahead. 'These guys are trying to build inventories into the March/April roll,' a trader said. Also, the Chicago market remained in the doldrums, with prices hitting another fresh record low, since Platts started the assessment in Sept. 2009.
机译:本周现货产品价格在很大程度上增加了1月29日,尽管缺乏牛因素更强的期货基准提供了支撑促使市场。炼油能力在墨西哥湾沿岸和下降对中间馏分油库存水平。长度继续增长,供应限制市场。1月22日当周周三汽油库存3.5毫米桶上升到248.5毫米桶,连续第11期。预期增加1.5毫米洗液。差异发现一些上周支持消息,Motiva企业关闭了石脑油过程complex-including加氢处理装置,改革者和异构化unit-due故障603 k-b / d阿瑟港,德克萨斯州炼油厂。,预计将持续10天左右,补充道该地区日益增长的离线单位和列表植物,一些地方炼油厂recendy开始转场或遇到了困难。交易员指出,可能会影响价格是最小的地区供应丰富。中西部地区,价格承受了巨大压力在丰富的股票和激进的销售。组三个中心,玩家建立的股票加强合同之前。试图建立库存3 / 4月份交易员说,滚。依旧低迷,价格触及另一个新低,自从普氏开始评估在2009年9月。

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