VOL. XLVII

No 13

29-March-2004

SUPPLY/DEMAND

China Driving Asia-Pacific Demand Growth, But Slowdown Expected This Year, Says FACTS

China is the key market that will drive Asia-Pacific consumption growth, impacting regional product trades, prices and refining margins, according to Honolulu-based FACTS Inc. In the report Asia-Pacific Petroleum Product Demand: Update and Outlook, published in mid-March, FACTS analyst Jeffrey Brown observed: India is also likely to return to higher growth, and the...