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Since 2026, China's refining and chemical industry has maintained stable operations, with crude oil processing volume steadily increasing, unit load remaining within a reasonable range, and overall industry profitability steadily improving. Data shows that in the first quarter, domestic crude oil processing volume increased by 3.1% year-on-year, with an average daily processing volume of 1.58 million tons. The average load of refining and chemical units was 85%, an increase of 2 percentage points compared to the same period last year.
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