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Petrochemical feedstock closing stocks in Philippines rises in June 2018

JODI Data announced that the indicator climbed hardly by 4.76% compared with the previous month. The variable slightly went up by 15.29 thousand barrels, as it follows the tendency of the prior month when it increased by 35.44 percent. When taking into account the prior year, it can be announced that the indicator was climbing by 24.73 percent and reached 232 thousand barrels in June. This shows a 44.95 percent fluctuation between June 2017 and June 2018. The overall changes for the previous 9 years attained a raise of 125.7%. Besides, the refined oil products closing stocks is now lower than its average which equals 368.8 thousand barrels with a sharp overall increase since the start of time series. It hit its all-time high of 4 728 thousand barrels in May 2016 and record low of 135 thousand barrels in February 2012.

Petrochemical feedstock closing stocks in Philippines rises in June 2018
Date Thousand Barrels Variation
Jun. 2018 336.29 4.76
May. 2018 321.00 35.44
Apr. 2018 237.00 -10.57
Mar. 2018 265.00 -9.86
Feb. 2018 294.00 12.64
Jan. 2018 261.00 -44.47
Dec. 2017 470.00 64.34
Nov. 2017 286.00 -38.1
Oct. 2017 462.00 54
Sep. 2017 300.00 -10.71

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